Morgan Advanced Materials PLC has announced that two of its directors, Maria Antoniou (Group HR Director) and Paul Boulton (Group General Counsel), have been granted options over ordinary shares of the company. The options were granted as part of the UK Save As You Earn (SAYE) Scheme and have an option price of 209 pence per share, representing a 20% discount to the share price. The options are due to mature on 1 December 2026. The transactions took place outside of a trading venue on 22 September 2023. This notification is in compliance with Article 19 of the Market Abuse Regulation.