Morgan Advanced Materials PLC announced that Pete Raby, the CEO and a person discharging managerial responsibilities, has completed a transaction involving the company's ordinary shares. The transaction involved the vesting of the 2021 award under the Deferred Bonus Plan and the subsequent sale of a portion of the shares to cover Income Tax and National Insurance Contributions. Raby acquired 8,811 shares and sold 4,156 shares at a price of GBP 2.852 per share, retaining 4,655 shares. The transaction took place on the London Stock Exchange on March 26, 2024. This notification fulfills the obligation under Article 19 of the Market Abuse Regulation.