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Director/PDMR Shareholding

1 May 2019 14:47

RNS Number : 7862X
Weir Group PLC
01 May 2019
 

1 May 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 29 April 2019 the PDMR listed below exercised the restricted award granted to him 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

John Heasley

20,000

1,142

21,142

10,174

10,968

 

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

Vesting of award granted in 2016 under The Weir Group PLC Long Term Incentive Plan 2014. 

 

 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:

PDMR

Price(s)

Volume(s)

John Heasley

£17.26

10,174

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

29 April 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

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
 
 
DSHABMJTMBIMBAL
Date   Source Headline
4th Jul 20081:11 pmRNSDirector Declaration
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23rd Jun 20087:00 amRNSTrading Statement
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30th May 200811:45 amRNSTotal Voting Rights
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13th May 200811:28 amRNSMerger Update
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7th May 20084:35 pmRNSResult of AGM
7th May 20087:01 amRNSInterim Management Statement
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11th Apr 20085:23 pmRNSAnnual Information Update
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11th Mar 20087:01 amRNSFinal Results
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4th Dec 20077:02 amRNSTrading Statement
30th Nov 20074:45 pmRNSTotal Voting Rights
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31st Oct 20073:04 pmRNSTotal Voting Rights
29th Oct 20075:15 pmRNSHolding(s) in Company
23rd Oct 20074:07 pmRNSHolding(s) in Company

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