Director/PDMR Shareholding

RNS Number : 1551Q

Weir Group PLC

07 September 2017

 

7 September 2017

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 4 September 2017, Awards over ordinary 12.5 pence shares in the Company were granted under The Weir Group PLC Long Term Incentive Plan 2014 to the PDMR noted below.

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/ 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	1) Grant of Performance Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is subject to performance conditions. The vesting date of the Award will be 7 September 2020. No consideration was paid for the grant of the award. 2) Grant of Restricted Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is not subject to performance conditions. The vesting date of the Award will be in two equal tranches on 31 July 2018 and 31 July 2019. No consideration was paid for the grant of the award.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1 Nil 27,166 2 Nil 12,802
d)	Aggregated information -     Aggregated volume -     Price	Price(s) Volume(s) Nil 39,968
e)	Date of the transaction	4 September 2017
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

Christopher Morgan

Company Secretary

Telephone: [phone]

 

END

 

 

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