Director/PDMR Shareholding

RNS Number : 3431T
Weir Group PLC
19 March 2019
 

19 March 2019

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 18 March 2019 the PDMR listed below exercised an award granted to him under The Weir Group PLC Long Term Incentive Plan 2014.

 

PDMR 

Shares vesting

Dividend equivalent shares received

Total shares exercised

Shares sold to cover tax liability

Total shares acquired

David Paradis

4,867

409

5,276

1,288

3,988

 

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

 

David Paradis

 

2.

Reason for the notification

a)

Position/status

Division President Weir Flow Control

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

1.   The acquisition of 3,988 shares following the vesting of an award granted under The Weir Group PLC Long Term Incentive Plan 2014. 

 

2.   Sale of 1,288 ordinary shares to cover the tax liability arising from the vesting.

 

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.  

nil

3,988

2.  

£16.077332

1,288

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

18 March 2019

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.
 
END
 
 
DSHJLMITMBABBRL

Companies

Weir Group (WEIR)
UK 100

Latest directors dealings