TIDMWEIR

RNS Number : 8744L

Weir Group PLC

04 May 2020

4 May 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 30 April 2020 the PDMR listed below exercised the restricted award granted to him under The Weir Group Share Reward Plan.

 
 PDMR              Shares     Dividend      Total        Shares       Total shares 
                    vesting    equivalent    shares       sold to      acquired 
                               shares        exercised    cover tax 
                               received                   liability 
 Andrew Neilson    3,186      233                3,419        1,646          1,773 
                  ---------  ------------  -----------  -----------  ------------- 
 

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                                                           Andrew Neilson 
      --------------------------------  ------------------------------------------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                   Weir Minerals Regional Managing Director 
                                                        Europe, North Africa, Central Asia & Russia 
      --------------------------------  ------------------------------------------------------------------------- 
 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 2018 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) 
                                         Andrew Neilson    GBP9.731742        1,646 
                                                          -------------  ---------- 
      ------------------------------  --------------------------------------------------------------------------- 
 d)         Aggregated information     N/A Single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      ------------------------------  --------------------------------------------------------------------------- 
 e)    Date of the transaction         30 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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