Weir Group PLC Director/PDMR Shareholding (5188W)

TIDMWEIR

RNS Number : 5188W

Weir Group PLC

01 August 2018

1 August 2018

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 31 July 2018 the PDMR listed below exercised the restricted share award granted to her under The Weir Group PLC Long Term Incentive Plan 2014.

 
 PDMR                  Shares     Dividend      Total        Shares sold      Total shares 
                        vesting    equivalent    shares       to cover         acquired 
                                   shares        exercised    tax liability 
                                   received 
 Rosemary McGinness    6,401      148                6,549            3,152          3,397 
                      ---------  ------------  -----------  ---------------  ------------- 
 

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                                                Rosemary McGinness 
      --------------------------------  ------------------------------------------------------ 
 2.    Reason for the notification 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                                   Chief People Officer 
      --------------------------------  ------------------------------------------------------ 
 b)    Initial notification/                             Initial Notification 
        Amendment 
      --------------------------------  ------------------------------------------------------ 
 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                  Ordinary shares of 12.5p each fully paid 
        the financial                   GB0009465807 
        instrument, type 
        of instrument 
        Identification 
        code 
      ------------------------------  -------------------------------------------------------- 
 b)    Nature of the                   Vesting of share award granted under The 
        transaction                     Weir Group PLC Long Term Incentive Plan 
                                        2014. 
      ------------------------------  -------------------------------------------------------- 
  c)   Price(s) and volume(s)          The shares sold to cover the tax liability 
                                        arising from the vesting were disposed 
                                        of at the price noted below: Price(s)      Volume(s) 
                                         GBP19.2482    3,152 
                                                      ---------- 
      ------------------------------  -------------------------------------------------------- 
 d)         Aggregated information     N/A Single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      ------------------------------  -------------------------------------------------------- 
 e)    Date of the transaction         31 July 2018 
      ------------------------------  -------------------------------------------------------- 
 f)    Place of the transaction        London Stock Exchange Main Market (XLON) 
      ------------------------------  -------------------------------------------------------- 
 
 

For further information, please contact:

Graham Vanhegan

Company Secretary

Telephone: [phone]

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August 01, 2018 09:40 ET (13:40 GMT)