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REG - Weir Group PLC - Director/PDMR Shareholding

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RNS Number : 6938K  Weir Group PLC  15 April 2024

15 April 2024

 

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 2024, 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 11 April 2027.

                                                                        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       14,954

 

 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         Outside a trading venue

 

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

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 11 April 2027.

                                                                        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       4,227

 

 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         Outside a trading venue

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

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 11 April 2027.

                                                                        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       4,227

 

 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         Outside a trading venue

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

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 11 April 2027.

                                                                        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       6,141
 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

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 11 April 2027.

                                                                        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       2,983
 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

e)

Date of the transaction

11 April 2024

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 11 April 2027, being the third
                                                                        anniversary of the Award date.
  c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                        £20.40    2,153
 d)    Aggregated information                                           N/A

       -     Aggregated volume

       -     Price
 e)    Date of the transaction                                          11 April 2024
 f)    Place of the transaction                                         London Stock Exchange Main Market (XLON)

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

 

 Details of the person discharging managerial responsibilities/ person closely
 associated
 Name                                                                                                                                                       Sean Fitzgerald
 Reason for the notification
 Position/status                                                                                                                                            President of Weir ESCO Division
 Initial notification/ Amendment                                                                                                                            Initial Notification
 Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 Name                                                                                                                                                       The Weir Group PLC
 LEI                                                                                                                                                        549300KDR56WHY9I3D10
 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
 Description of the financial instrument, type of instrument      Ordinary shares of 12.5p each fully paid

                       Identification code

                                                                  GB0009465807
 Nature of the transaction                                        Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan.

                                                                  The vesting date of the Award will be 11 April 2027, being the third
                                                                  anniversary of the Award date.
 Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £20.40    2,593
 Aggregated information                                           N/A

 -     Aggregated volume

 -     Price
 Date of the transaction                                          11 April 2024
 Place of the transaction                                         London Stock Exchange Main Market (XLON)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

Date of the transaction

11 April 2024

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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