Last checked at 18 Aug 2023 17:13
18 August 2023
The Weir Group PLC
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
Following the 'Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them' announcements released on 7 June 2022 under RNS 0477O and on 9 November 2022 under RNS Number 8744F, the Weir Group PLC (the "Company") has become aware of a minor rounding issue associated with the treatment of fractional entitlements under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement.
As a result, the Company hereby announces amended notifications with revised volume figures for those PDMRs whose notifications were impacted. All other details remain as previously announced.
The amended notifications for each of the PDMRs, as required by the UK Market Abuse Regulation, provide further detail as set out below.
Amendments to 7 June 2022 notifications (RNS 0477O)
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Andrew Neilson | |||||
2. | Reason for the notification | ||||||
a) | Position/status | President of Weir ESCO Division | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 6 June 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Rosemary McGinness | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief People Officer | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 6 June 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Garry Fingland | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief Information Officer | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 6 June 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Paula Cousins | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief Strategy and Sustainability Officer | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A
| |||||
e) | Date of the transaction | 6 June 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
Amendments to 9 November 2022 notifications (RNS 8744F)
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 | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 4 November 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
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 | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 4 November 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Andrew Neilson | |||||
2. | Reason for the notification | ||||||
a) | Position/status | President of Weir ESCO Division | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 4 November 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Rosemary McGinness | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief People Officer | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 4 November 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
a) | Name | Graham Vanhegan | |||||
2. | Reason for the notification | ||||||
a) | Position/status | Chief Legal Officer and Company Secretary | |||||
b) | Initial notification/ Amendment | Amendment | |||||
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 | Shares acquired under the Computershare Investor Services PLC Share Plan Account dividend reinvestment arrangement. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 4 November 2022 | |||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||||
For further information, please contact:
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771