REG - Weir Group PLC - Director/PDMR Shareholding

WeirAnnouncement

09/09/2020 11:00

RNS Number : 4860Y
  
Weir Group PLC
  
09 September 2020
  
 

9 September 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 7 September 2020 the PDMR listed below exercised the performance award granted to her under The Weir Group PLC Long Term Incentive Plan 2017.
 



PDMR 


Shares vesting


Dividend equivalent shares received


Total shares exercised


Shares sold to cover tax liability


Total shares acquired




Rosemary McGinness


12,224


1,011


13,235


6,369


6,866



 
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


 
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
                      Identification code


Ordinary shares of 12.5p each fully paid
 
                                                                                       
GB0009465807
 




b)


Nature of the transaction


Vesting of award granted on 4 September 2017 under The Weir Group PLC Long Term Incentive Plan 2017. 
 




 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)




Rosemary McGinness


£12.9627


6,369








d)


Aggregated information
-     Aggregated volume
-     Price


N/A Single transaction




e)


Date of the transaction


7 September 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHLLMLTMTAMMAM