{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/MGAM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# MORGAN ADVANCED MATERIALS PLC (LSE Main Market: MGAM) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is MORGAN ADVANCED MATERIALS PLC, listed on the LSE Main Market under ticker MGAM, ISIN GB0006027295, LEI I4K14LL95N2PHDL7EG85. Its security type is Corporate, its segment is STMM, its sector is Industrial Engineering [502040], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 119 filings in the twelve months from 2025-11-06 to 2026-11-06, on 75 filing days. The median gap between filing days is 1.0 day. The latest filing is dated 2026-11-05, is of type financial_statement, and falls 1 day before the record date of 2026-11-06. The LSE Main Market median is 29.0 filings per issuer, a median cadence gap of 4 days and a median latency of 3 days across 892 issuers. The Industrial Engineering [502040] sector median is 43.0 filings per issuer, a median cadence gap of 6 days and a median latency of 3 days across 16 issuers.\n\n## Auditor\n\nThe auditor of record is Deloitte LLP; its location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag is not set, and the issuer is listed, not halted.\n\n## Orderability\n\nFor the elective professional client category the signal is ACM-200, and the outcome is determinable. For the eligible counterparty category the signal is ACM-200, and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record names 8 research houses on the issuer's investor-relations page: Barclays, Berenberg, Citi, Deutsche Numis, Investec, Jefferies, Peel Hunt and RBC.\n\n## Open research\n\nNo openly published research notes were found, so none are on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MGAM (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/00286773 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/BA29/morgan-advanced-materials-plc/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/MGAM (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://find-and-update.company-information.service.gov.uk/company/00286773/filing-history/MzUyMzIyMjI3MGFkaXF6a2N4/document?format=pdf&download=0 (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/ (coverage)\n- https://mcp.uk-cm-kg.ai/record/LSE/MGAM (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "read by ChatGPT (batch)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/00286773/filing-history/MzUyMzIyMjI3MGFkaXF6a2N4/document?format=pdf&download=0",
    "state": "filled",
    "value": "Deloitte LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/MGAM",
  "coverage": {
   "count": 8,
   "houses": [
    {
     "analyst": "Jonathan Hurn",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Simms",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Vivek Midha",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Richard Paige",
     "house": "Deutsche Numis",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Scott Cagehin",
     "house": "Investec",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Andy Douglas",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Harry Phillips",
     "house": "Peel Hunt",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    },
    {
     "analyst": "Mark Fielding",
     "house": "RBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/",
     "result": "read: 8 of 16 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 16,
     "median_cadence_gap_days": 6,
     "median_filings": 43,
     "median_latency_days": 3,
     "name": "Industrial Engineering [502040]"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "ch_accounts_filed": 1,
    "ch_capital": 34,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 1,
    "ch_resolution": 1,
    "corporate_action": 50,
    "director_dealing": 11,
    "early_warning": 10,
    "financial_statement": 4,
    "regulatory_announcement": 5
   },
   "cadence_median_gap_days": 1,
   "filing_days": 75,
   "filings": 119,
   "latency_days": 1,
   "latest": [
    {
     "category": null,
     "date": "2026-11-05",
     "source": "https://www.investegate.co.uk/announcement/rns/morgan-advanced-materials--mgam/q3-trading-update/9859092",
     "title": "Q3 Trading Update",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-11-05",
     "source": "https://www.investegate.co.uk/announcement/rns/morgan-advanced-materials--mgam/directorate-change/9859183",
     "title": "Directorate change",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-11-05",
     "source": "https://www.investegate.co.uk/announcement/rns/morgan-advanced-materials--mgam/director-pdmr-shareholding/9860900",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-20",
     "source": "https://www.investegate.co.uk/announcement/rns/morgan-advanced-materials--mgam/holding-s-in-company/9831567",
     "title": "Holding(s) in Company",
     "type": "early_warning"
    },
    {
     "category": null,
     "date": "2026-10-14",
     "source": "https://www.investegate.co.uk/announcement/rns/morgan-advanced-materials--mgam/holding-s-in-company/9822963",
     "title": "Holding(s) in Company",
     "type": "early_warning"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/MGAM",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MGAM",
    "state": "confirmed",
    "value": "GB0006027295"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/00286773",
    "state": "confirmed",
    "value": "England and Wales (Companies House jurisdiction field)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN GB0006027295)",
    "state": "sourced",
    "value": "I4K14LL95N2PHDL7EG85"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "MORGAN ADVANCED MATERIALS PLC"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/BA29/morgan-advanced-materials-plc/company-page",
    "state": "sourced",
    "value": "Industrial Engineering [502040]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "STMM"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "MGAM"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/BA29/morgan-advanced-materials-plc/company-page",
    "state": "sourced",
    "value": "www.morganadvancedmaterials.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:b0dbda35e1ee89f18d911dca0c5d4379cc6ff3f73fc953517b7fc3f3ef78768e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/MGAM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:b0dbda35e1ee89f18d911dca0c5d4379cc6ff3f73fc953517b7fc3f3ef78768e",
 "path": "/uk/LSE/MGAM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is MORGAN ADVANCED MATERIALS PLC, listed on the LSE Main Market under ticker MGAM, ISIN GB0006027295, LEI I4K14LL95N2PHDL7EG85. Its security type is Corporate, its segment is STMM, its sector is Industrial Engineering [502040], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 119 filings in the twelve months from 2025-11-06 to 2026-11-06, on 75 filing days. The median gap between filing days is 1.0 day. The latest filing is dated 2026-11-05, is of type financial_statement, and falls 1 day before the record date of 2026-11-06. The LSE Main Market median is 29.0 filings per issuer, a median cadence gap of 4 days and a median latency of 3 days across 892 issuers. The Industrial Engineering [502040] sector median is 43.0 filings per issuer, a median cadence gap of 6 days and a median latency of 3 days across 16 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Deloitte LLP; its location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag is not set, and the issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the elective professional client category the signal is ACM-200, and the outcome is determinable. For the eligible counterparty category the signal is ACM-200, and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record names 8 research houses on the issuer's investor-relations page: Barclays, Berenberg, Citi, Deutsche Numis, Investec, Jefferies, Peel Hunt and RBC.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found, so none are on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MGAM"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/00286773"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/BA29/morgan-advanced-materials-plc/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/MGAM"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://find-and-update.company-information.service.gov.uk/company/00286773/filing-history/MzUyMzIyMjI3MGFkaXF6a2N4/document?format=pdf&download=0"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.morganadvancedmaterials.com/en-gb/invest-in-us/shareholder-centre/analysts-and-advisors/"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/MGAM"
  }
 ],
 "title": "MORGAN ADVANCED MATERIALS PLC (MGAM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}