Last checked at 12 May 2023 08:19
12 May 2023
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 the PDMR noted below transferred 17,956 ordinary shares of 12.5p each in the Company for nil consideration from Computershare Investor Services PLC, acting in its capacity as nominee for the PDMR, to his nominee account with Stocktrade. The PDMR then transferred the 17,956 shares from his nominee account with Stocktrade to a nominee account in the name of his spouse, Rachel Stanton, PCA, also held with Stocktrade. Following the transfer, the aggregate shareholding of Jon Stanton and Persons Closely Associated with him remains unchanged.
This notification relates to a transaction notified in accordance with the UK Market Abuse Regulation, further details below:
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name |
Jon Stanton
| |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief Executive 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 17,956 ordinary shares in the Company from Computershare Investor Services PLC, in its role as nominee for the PDMR, to a nominee account held with Stocktrade in the name of Jon Stanton (PDMR) | |||||
c) | Price(s) and volume(s)
|
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |||||
e) | Date of the transaction | 11 May 2023 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
4b. | 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 17,956 ordinary shares in the Company from a nominee account held with Stocktrade in the name of Jon Stanton (PDMR), to a nominee account with Stocktrade held in the name of the PDMR's spouse Rachel Stanton (PCA). | |||||
c) | Price(s) and volume(s)
|
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |||||
e) | Date of the transaction | 11 May 2023 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name |
Rachel Stanton
| |||||
2. | Reason for the notification | ||||||
a) | Position/status | PCA. Spouse of Jon Stanton, PDMR | |||||
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 | Receipt of 17,956 Ordinary shares in the Company into nominee account with Stocktrade from nominee account of spouse, Jon Stanton, PDMR. | |||||
c) | Price(s) and volume(s)
|
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |||||
e) | Date of the transaction | 11 May 2023 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
For further information, please contact:
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771