Last checked at 31 Jul 2019 16:42
31 July 2019
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 31 July 2019 the PDMR listed below exercised the restricted award granted to her 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 |
Rosemary McGinness | 6,401 | 365 | 6,766 | 3,256 | 3,510 |
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
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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
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b) | Nature of the transaction | Vesting of award granted in 2017 under The Weir Group PLC Long Term Incentive Plan 2014.
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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:
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d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |||||
e) | Date of the transaction | 31 July 2019 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
For further information, please contact:
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771