WEIR Weir Group Plc

TIDMWEIR

RNS Number : 4860Y

Weir Group PLC

09 September 2020

9 September 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 7 September 2020 the PDMR listed below exercised the performance award granted to her under The Weir Group PLC Long Term Incentive Plan 2017.

 
 PDMR                  Shares vesting   Dividend      Total        Shares sold      Total shares 
                                         equivalent    shares       to cover         acquired 
                                         shares        exercised    tax liability 
                                         received 
 Rosemary McGinness    12,224           1,011         13,235       6,369            6,866 
                      ---------------  ------------  -----------  ---------------  ------------- 
 

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                                                           Rosemary McGinness 
      --------------------------------  ---------------------------------------------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                              Chief People 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 on 4 September 
        transaction                     2017 under The Weir Group PLC Long Term 
                                        Incentive Plan 2017. 
      ------------------------------  ------------------------------------------------------------------------------ 
  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) 
                                         Rosemary McGinness    GBP12.9627    6,369 
                                                              ------------  ---------- 
      ------------------------------  ------------------------------------------------------------------------------ 
 d)         Aggregated information     N/A Single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      ------------------------------  ------------------------------------------------------------------------------ 
 e)    Date of the transaction         7 September 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

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END

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