Director/PDMR Shareholding

Director/PDMR Shareholding

8 September 2016
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 2016, a restricted share award over 2,880 ordinary 12.5 pence shares in the Company was made under the 2014 Long Term Incentive Plan to Christopher Morgan, a PDMR of the Company.

The total number of interests held by Christopher Morgan following the grant of the award is 14,057.

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 Christopher Morgan
2.Reason for the notification
a) Position/status General Counsel & 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
Identification code
Ordinary shares of 12.5p each fully paid

 

GB0009465807
b) Nature of the transaction Restricted share award under the 2014 Long Term Incentive Plan. No consideration was paid for the grant of the restricted share award. There are no performance conditions. The shares will vest in three equal tranches on 7 September 2017, 2018 and 2019. The vesting of the award is subject to the continued employment of the PDMR.
 c) Price(s) and volume(s) Price(s)                       Volume(s)
Nil                               2,880
d) Aggregated information
  • Aggregated volume
  • Price
N/A Single transaction
e) Date of the transaction 7 September 2016
f) Place of the transaction London Stock Exchange Main Market (XLON)

For further information, please contact:

Gillian Kyle
Deputy Company Secretary
Telephone: 0141 308 3771




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: The Weir Group PLC via Globenewswire

Companies

Weir Group (WEIR)
UK 100

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