Information  X 
Enter a valid email address

Weir Group PLC (WEIR)

  Print      Mail a friend       Annual reports

Friday 16 March, 2012

Weir Group PLC

Director/PDMR Shareholding

Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.Name of the issuer

THE WEIR GROUP PLC
2.State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.2R;
(ii) a disclosure made in accordance with LR 9.8.6R(1) or
(iii) a disclosure made in accordance with section 793 of the Companies Act 2006.

(i)
3.Name of person discharging managerial responsibilities/director

(1) SCOT SMITH
(2) STEVE NOON
(3) GAVIN NICOL
4.State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

NO
5.Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

3 ABOVE
6.Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 12.5P EACH
7.Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

(1) SCOT SMITH  90,617
(2) STEVE NOON 38,450
(3) GAVIN NICOL   1,537
8.State the nature of the transaction

EXERCISE OF AN AWARD UNDER THE GROUP LONG TERM INCENTIVE PLAN AND SUBSEQUENT SALE OF SUFFICIENT SHARES TO SATISFY THE TAX LIABILITY.
9.Number of shares, debentures or financial instruments relating to shares acquired

(1) SCOT SMITH   170,173
(2) STEVE NOON   99,150
(3) GAVIN NICOL   13,444
10.Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A
11.Number of shares, debentures or financial instruments relating to shares disposed

(1) SCOT SMITH   67,720
(2) STEVE NOON  36,000
(3) GAVIN NICOL    2,554
12.Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A
13.Price per share or value of transaction

AWARD MADE AT NIL COST ON 16 MARCH 2009.  SHARE DISPOSAL TRANSACTED AT 1989.69p
14.Date and place of transaction

16 MARCH 2012, LONDON
15.Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

(1) SCOT SMITH  193,070
(2) STEVE NOON 101,600
(3) GAVIN NICOL  12,427
16.Date issuer informed of transaction

16 MARCH 2012

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.Date of grant18.Period during which or date on which it can be exercised
19.Total amount paid (if any) for grant of the option20.Description of shares or debentures involved (class and number)
21.Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise22.Total number of shares or debentures over which options held following notification
23.Any additional information24Name of contact and telephone number for queries

FRANCES MCCAW
0141 308 3737
Name and signature of duly authorised officer of issuer responsible for making notification

......FRANCES MCCAW..................

Date of notification .....16 March 2012.................



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: The Weir Group PLC via Thomson Reuters ONE

HUG#1594797