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Weir Group PLC (WEIR)

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Thursday 09 April, 2020

Weir Group PLC

Director/PDMR Shareholding

RNS Number : 4427J
Weir Group PLC
09 April 2020
 

9 April 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 April 2020, the PDMRs noted below were granted Deferred Bonus Share Awards under The Weir Group Share Reward Plan.

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

Jon Stanton

2.

Reason for the notification

a)

Position/status

Chief Executive 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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

6,996

 

 

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

John Heasley

2.

Reason for the notification

a)

Position/status

Chief Financial 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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

3,522

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Ricardo Garib

2.

Reason for the notification

a)

Position/status

President of Weir Minerals Division

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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

3,706

 

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Paul Coppinger

2.

Reason for the notification

a)

Position/status

President of Weir Oil & Gas Division

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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

4,518

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Graham Vanhegan

2.

Reason for the notification

a)

Position/status

Chief Legal Officer and 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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

1,955

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

 

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jon Owens

2.

Reason for the notification

a)

Position/status

President of Weir ESCO Division

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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

2,862

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 2020

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

       

 

 

 

 

 

 

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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan. The vesting date of the Award will be 7 April 2023, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£8.91

1,905

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

7 April 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


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