1 Dec 2022 16:41
1 December 2022
The Weir Group PLC
Â
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
Â
The Weir Group PLC (the "Company") hereby announces that on 3 May 2022 the PDMR listed below exercised the restricted award granted to him under The Weir Group Share Reward Plan.
Â
PDMRÂ | Shares vesting | Dividend equivalent shares received | Total shares exercised | Shares sold to cover tax liability | Total shares acquired |
Ricardo Garib | 5,606 | 301 | 5,907 | 0 | 5,907 |
Â
This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:
Â
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Ricardo Garib | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Division President | |||||
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 Â
GB0009465807 Â | |||||
b) | Nature of the transaction | Vesting of award granted in 2018 under The Weir Group Share Reward Plan. | |||||
 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:
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |||||
e) | Date of the transaction | 3 May 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
Â
For further information, please contact:
Â
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771