REG - Weir Group PLC - Director/PDMR Shareholding
24/04/2023 18:00
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RNS Number : 2826X Weir Group PLC 24 April 2023
24 April 2023
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 18 April 2023, the
PDMRs noted below were granted restricted share awards under The Weir Group
Share Reward Plan.
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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 52,600
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name John Heasley
2. Reason for the notification
a) Position/status Chief Financial 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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 25,871
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Andrew Neilson
2. Reason for the notification
a) Position/status President of Weir Minerals Division
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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 23,331
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Garry Fingland
2. Reason for the notification
a) Position/status Chief Information 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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 16,061
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
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 Ordinary shares of 12.5p each fully paid
Identification code
GB0009465807
b) Nature of the transaction Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 16,061
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Graham Vanhegan
2. Reason for the notification
a) Position/status Chief Legal Officer and Company Secretary
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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 16,061
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Sean Fitzgerald
2. Reason for the notification
a) Position/status President of Weir ESCO Division
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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 22,497
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Paula Cousins
2. Reason for the notification
a) Position/status Chief Strategy and Sustainability 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 Grant of Restricted Share Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
Following vesting there is a requirement to retain the vested shares (except
for any shares sold to cover any applicable tax withholding requirement) for a
period of two additional years.
During this time the PDMR is not entitled to sell the shares or otherwise deal
with them. The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 11,333
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
24 April 2023
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 18 April 2023, the
PDMRs noted below were granted deferred bonus awards under The Weir Group
Share Reward Plan.
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 Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 14,908
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name John Heasley
2. Reason for the notification
a) Position/status Chief Financial 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 Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 7,632
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Garry Fingland
2. Reason for the notification
a) Position/status Chief Information 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 Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 4,295
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
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 Ordinary shares of 12.5p each fully paid
Identification code
GB0009465807
b) Nature of the transaction Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 4,295
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Andrew Neilson
2. Reason for the notification
a) Position/status President of Weir Minerals Division
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 Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 5,812
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Paula Cousins
2. Reason for the notification
a) Position/status Chief Strategy and Sustainability 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 Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The
award will vest in a single tranche on 18 April 2026.
The Award is not subject to performance conditions.
No consideration was paid for the grant of the award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 3,194
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Graham Vanhegan
2. Reason for the notification
a) Position/status Chief Legal Officer and Company Secretary
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 Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan.
The vesting date of the Award will be 18 April 2023.
Following vesting there is a requirement to retain the vested shares for a
period of three years.
c) Price(s) and volume(s)
Price(s) Volume(s)
£19.44 2,160
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 18 April 2023
f) Place of the transaction London Stock Exchange Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 April 2023
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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