This site
http://www.wychbearings.co.uk/7306begam_skf.html has a breakdown of the suffix as
quote:
Technical breakdown of the suffix:BEGAM - 40Β° contact angle, optimized internal design, universal matching with a light pre-load, machined brass cage.
Note the info is specific to the 7306BEGAM but likely applicable to your bearing, just a different physical size.
The "M" is machined brass cage for SKF. MP is the designation for a FAG bearing.