Director/PDMR Shareholding

RNS Number : 2525M

Weir Group PLC

26 April 2018

 

26 April 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 23 April 2018 the PDMR listed below exercised the restricted 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	9,204	526	9,730	2,377	7,353

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 of 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	Vesting of award granted in 2015 and 2016 under The 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: PDMR Price(s) Volume(s) David Paradis £22.62 2,377
d)	Aggregated information -     Aggregated volume -     Price	N/A Single transaction
e)	Date of the transaction	23 April 2018
f)	Place of the transaction	London Stock Exchange Main Market (XLON)

For further information, please contact:

Christopher Morgan

Company Secretary

Telephone: [phone]

 

END

 

 

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