REG - Weir Group PLC - Director/PDMR Shareholding
RNS Number : 6365IWeir Group PLC02 April 20202 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 30 March 2020 the PDMR listed below exercised the restricted award granted to him under The Weir Group PLC Long Term Incentive Plan 2014.
PDMR
Shares vesting
Dividend equivalent shares received
Total shares exercised
Shares sold to cover tax liability
Total shares acquired
Paul Coppinger
14,599
2,677
17,276
4,218
13,058
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
Paul Coppinger
2.
Reason for the notification
a)
Position/status
Division President of Weir Oil and Gas
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
Vesting of award granted in 2017 under The Weir Group PLC Long Term Incentive Plan 2014.
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)
Paul Coppinger
£6.475441
4,218
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
30 March 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.ENDDSHITMITMTIMBTM
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