Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Maria Antoniou

2

Reason for the notification

a)

Position/status

PDMR - Group HR Director

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

Grant of an Option over Shares, following an election to participate in the UK Save As You Earn (SAYE) Scheme with an Option Price of 209 pence per Share, representing a 20% discount to the Share price which was calculated using the 5 day average middle market quotation of a Share preceding the invitation date. The Option is due to mature on 1 December 2026.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2023-09-22

f) 

Place of the transaction

Outside of trading venue.

1

Details of the person discharging managerial responsibilities / persons closely associated

b)

Name

Paul Boulton

2

Reason for the notification

c)

Position/status

PDMR - Group General Counsel

d)

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.

g)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 25p each

GB0006027295

h)

Nature of the transaction

Grant of an Option over Shares, following an election to participate in the UK Save As You Earn (SAYE) Scheme with an Option Price of 209 pence per Share, representing a 20% discount to the Share price which was calculated using the 5 day average middle market quotation of a Share preceding the invitation date. The Option is due to mature on 1 December 2026.

i) 

Price(s) and volume(s)

j) 

Aggregated information

- Aggregated volume

- Price

N/A

k)

Date of the transaction

2023-09-22

l) 

Place of the transaction

Outside of trading venue.