REG - Weir Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">WEIR.L</Origin>

WeirAnnouncement

07/09/2017 16:05

RNS Number : 1551Q
Weir Group PLC
07 September 2017
7 September 2017
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 4 September 2017, Awards over ordinary 12.5 pence shares in the Company were granted under The Weir Group PLC Long Term Incentive Plan 2014 to the PDMR noted below.
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/ Amendment
Initial Notification
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 the financial instrument, type of instrument
 Identification code
Ordinary shares of 12.5p each fully paid
GB0009465807
b)
Nature of the transaction
1) Grant of Performance Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is subject to performance conditions. The vesting date of the Award will be 7 September 2020. No consideration was paid for the grant of the award.
2) Grant of Restricted Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is not subject to performance conditions. The vesting date of the Award will be in two equal tranches on 31 July 2018 and 31 July 2019. No consideration was paid for the grant of the award.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1
Nil
27,166
2
Nil
12,802
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
Nil
39,968
e)
Date of the transaction
4 September 2017
f)
Place of the transaction
Outside a trading venue
For further information, please contact:
Christopher Morgan
Company Secretary
Telephone: 0141 308 3771

This information is provided by RNS
The company news service from the London Stock Exchange
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