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Director/PDMR Shareholding

26 Mar 2019 15:17

RNS Number : 0730U
Weir Group PLC
26 March 2019
 

 

26 March 2019

The Weir Group PLC

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Persons Closely Associated ("PCA") with them.

 

The Weir Group PLC (the "Company") hereby announces that following the vesting of the LTIP bonus share award granted in 2016, the PDMR noted below transferred 794 ordinary shares of 12.5p each in the Company for nil consideration from Estera Trust (Jersey) Limited, acting in its capacity as nominee for the PDMR, to a certificated holding in the PDMR's own name. Following the transfer, the PDMR's beneficial interest in the Company remains unchanged.

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

 

John Heasley

 

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

Transfer of 794 ordinary shares in the Company from Estera Trust (Jersey) Limited, in its role as nominee for the PDMR, to a certificated holding in the PDMR's own name.

 c)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

Nil

794

 

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

25 March 2019

f)

Place of the transaction

Outside a trading venue

 

 

For further information, please contact:

 

Graham Vanhegan

Company Secretary

Telephone: 0141 308 3771

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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