REG - Weir Group PLC - Director/PDMR Shareholding
15/04/2025 17:15
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RNS Number : 1650F Weir Group PLC 15 April 2025
15 April 2025
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 the restricted share
awards over ordinary shares in the Company that were made in 2022 under The
Weir Group Share Reward Plan vested on 11 April 2025 and were subsequently
released to each of the PDMRs listed below on the 11(th) and 15(th) April,
together with additional shares in respect of dividend equivalent payments. A
portion of the shares acquired by each of the PDMRs was then sold
automatically to cover each PDMR's tax liability in respect of acquisition of
shares following the vesting of the share awards. The remaining vested shares
are subject to a further retention period of two years during which the PDMR
is not entitled to sell the shares or otherwise deal with them.
PDMR Shares vested Dividend equivalent shares received Total shares received Shares sold to cover tax liability Total shares acquired
Jon Stanton 59,094 2,923 62,017 29,222 32,795
Andrew Neilson 24,272 1,199 25,471 12,769 12,702
Rosemary McGinness 18,388 907 19,295 9,673 9,622
Garry Fingland 23,496 1,159 24,655 12,359 12,296
Graham Vanhegan 18,388 907 19,295 9,201 10,094
Paula Cousins 16,691 821 17,512 8,779 8,733
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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 2,923
£nil 59,094
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 1,378
£21.834997 27,844
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 1,378
£21.834997 27,844
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
1. Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Andrew Neilson
2. Reason for the notification
a) Position/status Division President
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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 1,199
£nil 24,272
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 602
£21.834997 12,167
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 602
£21.834997 12,167
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 907
£nil 18,388
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 455
£21.834997 9,218
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 455
£21.834997 9,218
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 1,159
£nil 23,496
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 581
£21.834997 11,778
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 581
£21.834997 11,778
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
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
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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 907
£nil 18,388
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 433
£21.834997 8,768
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 433
£21.834997 8,768
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
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 & 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
Transaction 1 - share vesting
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 awards granted in 2022 under The Weir Group Share Reward Plan,
including dividend equivalent shares.
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 821
£nil 16,691
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
f) Place of the transaction Outside a trading venue
Transaction 2 - sale of shares to cover tax
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 Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£21.070357 412
£21.834997 8,367
d) Aggregated information N/A Single transaction
- Aggregated volume
- Price
e) Date of the transaction 11 and 15 April 2025
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 and 15 April 2025
f)
Place of the transaction
Outside a trading venue
Transaction 2 - sale of shares to cover tax
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
Sale of ordinary shares to cover the tax arising on the vesting of awards made
in 2022 under The Weir Group Share Reward Plan.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£21.070357 412
£21.834997 8,367
d)
Aggregated information
- Aggregated volume
- Price
N/A Single transaction
e)
Date of the transaction
11 and 15 April 2025
f)
Place of the transaction
London Stock Exchange Main Market (XLON)
For further information, please contact:
Jennifer Haddouk
Company Secretary
Telephone: 0141 308 3771
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