WEIR Weir Group Plc

TIDMWEIR

RNS Number : 6260J

Weir Group PLC

14 April 2020

14 April 2020

The Weir Group PLC

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

The Weir Group PLC (the "Company") hereby announces that on 9 April 2020 the PDMR listed below exercised the restricted award granted to him under The Weir Group Share Reward Plan.

 
 PDMR              Shares vesting   Dividend      Total        Shares sold      Total shares 
                                     equivalent    shares       to cover         acquired 
                                     shares        exercised    tax liability 
                                     received 
 Garry Fingland    2,829            175           3,004        1,446            1,558 
                  ---------------  ------------  -----------  ---------------  ------------- 
 

This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:

 
 1.                          Details of the person discharging managerial responsibilities/ 
                                                person closely associated 
 a)    Name                                                           Garry Fingland 
      --------------------------------  ------------------------------------------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                          Chief Information Officer 
      --------------------------------  ------------------------------------------------------------------------- 
 b)    Initial notification/                                       Initial Notification 
        Amendment 
      --------------------------------  ------------------------------------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------------------------- 
 a)    Name                                                         The Weir Group PLC 
      --------------------------------  ------------------------------------------------------------------------- 
 b)    LEI                                                         549300KDR56WHY9I3D10 
      --------------------------------  ------------------------------------------------------------------------- 
 4.    Details of the transaction(s): section to be repeated for 
        (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions have 
        been conducted 
      ----------------------------------------------------------------------------------------------------------- 
 a)    Description of                  Ordinary shares of 12.5p each fully paid 
        the financial                   GB0009465807 
        instrument, type 
        of instrument 
        Identification 
        code 
      ------------------------------  --------------------------------------------------------------------------- 
 b)    Nature of the                   Vesting of award granted in 2019 under 
        transaction                     The Weir Group Share Reward Plan. 
      ------------------------------  --------------------------------------------------------------------------- 
  c)   Price(s) and volume(s)          The shares sold to cover the tax liability 
                                        arising from the vesting were disposed 
                                        of at the price noted below: PDMR              Price(s)       Volume(s) 
                                         Garry Fingland    GBP9.272582    1,446 
                                                          -------------  ---------- 
      ------------------------------  --------------------------------------------------------------------------- 
 d)         Aggregated information     N/A Single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      ------------------------------  --------------------------------------------------------------------------- 
 e)    Date of the transaction         9 April 2020 
      ------------------------------  --------------------------------------------------------------------------- 
 f)    Place of the transaction        London Stock Exchange Main Market (XLON) 
      ------------------------------  --------------------------------------------------------------------------- 
 
 

For further information, please contact:

Graham Vanhegan

Company Secretary

Telephone: 0141 308 3771

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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