December 11, 2017 / 7:29 AM / 2 years ago

BRIEF-Morgan Advanced Materials To Make Additional Contribution Of $36 Mln To its U.S. Pension Scheme

Dec 11 (Reuters) - Morgan Advanced Materials Plc:

* ‍ADDITIONAL US PENSION PAYMENT​

* ELECTED TO MAKE ACCELERATED CASH CONTRIBUTION OF ADDITIONAL $36 MILLION TO US DEFINED BENEFIT PENSION SCHEME IN DECEMBER 2017​

* ONGOING PAYMENTS TO DEFINED BENEFIT PENSION SCHEMES ESTIMATED TO REDUCE FROM EXPECTED £25 MILLION PER ANNUM TO CA. £16.5 MILLION PER ANNUM FROM 2018​ Source text for Eikon: Further company coverage:

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