Director/PDMR Shareholding
Summary by AI BETAClose X
3 August 2026
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 3 August 2026, Andrew Neilson, Chief Executive Officer and a Person Discharging Managerial Responsibilities, was granted an award of 7,159 ordinary shares of 12.5p each in the Company under The Weir Group Share Reward Plan.
The grant was made as a top-up Restricted Share Award under the Weir Group Share Reward Plan award in connection with Andrew Neilson's appointment as Chief Executive Officer. The number of shares awarded was calculated using a share price of £28.30, being the three-day average closing share price prior to his appointment as Chief Executive Officer Designate on 30 April 2026.
This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Andrew Neilson |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
The Weir Group PLC |
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b) |
LEI |
549300KDR56WHY9I3D10 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 12.5p each fully paid
GB0009465807 |
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b) |
Nature of the transaction |
Grant of a top-up Restricted Share Award under The Weir Group Share Reward Plan in connection with Andrew Neilson's appointment as Chief Executive Officer. The award will vest in a single tranche on 3 August 2029. Following vesting there is a requirement to retain the vested shares (except for any shares sold to cover any applicable tax withholding requirement) for a period of two additional years. During this time the PDMR is not entitled to sell the shares or otherwise deal with them. The Award is not subject to performance conditions. No consideration was paid for the grant of the award. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
3 August 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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For further information, please contact:
Jennifer Haddouk
Company Secretary
Telephone: 0141 637 7111
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