Picture of Weir logo

WEIR Weir News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedLarge CapNeutral

Director/PDMR Shareholding

RNS Number : 9091Y

Weir Group PLC

31 March 2026

 

31 March 2026

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 restricted share awards over ordinary shares in the Company under The Weir Group Share Reward Plan that were granted in 2024 to Brian Puffer to compensate him for incentive awards that he forfeited on leaving bp plc vested on 31 March 2026. The vested shares were subsequently released to Brian Puffer on the same day, together with additional shares in respect of dividend equivalent payments. A portion of the shares acquired by Brian Puffer was then sold automatically to cover his tax liability in respect of the acquisition of shares following the vesting of the share awards.

 

PDMRShares vestedDividend equivalent shares receivedTotal shares receivedShares sold to cover tax liabilityTotal shares acquired
Brian Puffer4,7491354,8842,3022,582
  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)NameBrian Puffer
2.Reason for the notification
a)Position/statusChief Financial Officer
b)Initial notification/ AmendmentInitial Notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameThe Weir Group PLC
b)LEI549300KDR56WHY9I3D10
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
Transaction 1 - share vesting
a)Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 12.5p each fully paid
GB0009465807
b)Nature of the transactionVesting of award granted in 2024 under The Weir Group Share Reward Plan, including dividend equivalent shares.
c)Price(s) and volume(s)
Price(s)Volume(s)
£nil4,884
d)Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)Date of the transaction31 March 2026
f)Place of the transactionOutside a trading venue
Transaction 2 - sale of shares to cover tax
a)Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 12.5p each fully paid
GB0009465807
b)Nature of the transactionSale of ordinary shares to cover the tax arising on the vesting of an award made in 2024 under The Weir Group Share Reward Plan.
c)Price(s) and volume(s)
Price(s)Volume(s)
£27.742,302
d)Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)Date of the transaction31 March 2026
f)Place of the transactionLondon Stock Exchange Main Market (XLON)
  For further information, please contact:   Jennifer Haddouk Company Secretary Telephone: 0141 637 7111   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. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.   END     DSHJBMATMTMJBPF

Recent news on Weir

See all news