Director/PDMR Shareholding

RNS Number : 5336I

Weir Group PLC

12 March 2010

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.	Name of the issuer THE WEIR GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.2R; (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act 2006. (i)
3.	Name of person discharging managerial responsibilities/director (1) ALAN MITCHELSON (2) KEITH COCHRANE (3) PHIL CLIFTON	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NO
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 12.5P EACH
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them (1) ALAN MITCHELSON  144,092 (2) KEITH COCHRANE    41,666 (3) PHIL CLIFTON            41,704	8.	State the nature of the transaction EXERCISE OF AN AWARD UNDER THE GROUP LONG TERM INCENTIVE PLAN CONDITIONAL UPON EACH DIRECTOR RETAINING THE NUMBER OF SHARES RECEIVED UNTIL 29 JUNE 2010 SUBJECT TO SELLING SUFFICIENT TO FUND THE TAX COSTS.
9.	Number of shares, debentures or financial instruments relating to shares acquired (1) ALAN MITCHELSON  61,599 (2) KEITH COCHRANE    42,288 (3) PHIL CLIFTON            27,684	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A
11.	Number of shares, debentures or financial instruments relating to shares disposed NIL	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A
13.	Price per share or value of transaction AWARD MADE AT NIL COST ON 29 JUNE 2007	14.	Date and place of transaction 12 MARCH 2010, LONDON
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) (1) ALAN MITCHELSON  205,691 (2) KEITH COCHRANE     83,954 (3) PHIL CLIFTON             69,388	16.	Date issuer informed of transaction 12 MARCH 2010

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.	Date of grant	18.	Period during which or date on which it can be exercised
19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification
23.	Any additional information	24	Name of contact and telephone number for queries FRANCES MCCAW 0141 308 3737
Name and signature of duly authorised officer of issuer responsible for making notification ………………FRANCES MCCAW……………………………………………… Date of notification ……………12 March 2010…………...……………………..

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4.

(1)        An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)        An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)        An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)        An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

END

 

 

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