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RNS Number : 3184I Weir Group PLC 13 April 2022
13 April 2022
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 11 April 2022 the
PDMR listed below exercised the restricted award granted to him under The Weir
Group Share Reward Plan.
PDMR Shares vesting Dividend equivalent shares received Total shares exercised Shares sold to cover tax liability Total shares acquired
Jon Stanton 12,742 442 13,184 6,378 6,806
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 Jon Stanton
2. Reason for the notification
a) Position/status Chief Executive 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 Ordinary shares of 12.5p each fully paid
Identification code
GB0009465807
b) Nature of the transaction Vesting of award granted in 2019 under The Weir Group Share
Reward Plan. Following vesting there is a requirement to retain the vested
shares for a period of two additional years during which the PDMR is not
entitled to sell the shares or otherwise deal with them.
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:
Price(s) Volume(s)
£15.40593 6,378
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 April 2022
f) Place of the transaction London Stock Exchange Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 April 2022
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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