18th Dec 2015 15:19
LONDON (Alliance News) - FTSE 250-listed carbon and ceramic products manufacturer Morgan Advanced Materials PLC said Chief Executive Officer Pete Raby bought 10,928 shares at a price of 244.41 pence per share on Friday.
The purchase is his only holding after becoming CEO in August. Raby joins the company from his position as the president of the communications and connectivity division of FTSE 250-listed defence company Cobham PLC.
Morgan Advanced Materials was down 0.6% at 244.30p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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