Morgan Advanced Materials PLC released a notification of transactions of Directors/Persons Discharging Managerial Responsibilities. Pete Raby, the CEO, was identified as the person discharging managerial responsibilities. The notification was an initial one. The transaction involved the vesting of the 2021 award under the Deferred Bonus Plan and the sale of sufficient shares to satisfy Income Tax and National Insurance Contributions required to be withheld on release. The transaction took place on the London Stock Exchange (XLON) on March 26, 2024. The CEO acquired 8,811 ordinary shares, sold 4,156 shares at a price of GBP 2.852 per share, and retained 4,655 shares. This notice fulfills the obligation under Article 19 of the Market Abuse Regulation.