Last checked at 4 Jan 2017 09:51
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
a) | Name | Pete Raby | ||||||||
2 | Reason for the notification | |||||||||
a) | Position/status | Chief Executive Officer | ||||||||
b) | Initial notification/Amendment | Initial notification | ||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Morgan Advanced Materials Plc | ||||||||
b) | LEI | I4K14LL95N2PHDL7EG85 | ||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |||||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each GB0006027295 | ||||||||
b) | Nature of the transaction | Vesting of the first tranche, comprising 57,176 shares, of the Restricted Share Award granted upon appointment as CEO and subsequent sale of 26,968 shares in order to satisfy the income tax and National Insurance Contributions required to be withheld on release. Remaining shares transferred to Candice Raby (spouse of CEO). | ||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
e) | Date of the transaction | 2017-01-03.
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f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||