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 |
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a) |
Name |
Jon Stanton |
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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 |
|||||
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 |
|||||
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 |
||||||
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) |
|
|||||
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) |
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
John Heasley |
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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) |
|
|||||
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) |
|
|||||
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) |
|
|||||
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) |
|
|||||
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) |
|
|||||
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) |
|
|||||
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