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Director/PDMR Shareholding

1 May 2019 14:37

RNS Number : 7840X
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 performance 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

Ricardo Garib

51,361

2,933

54,294

0,00

54,294

 

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

 

Ricardo Garib

 

2.

Reason for the notification

a)

Position/status

Divisional President, Weir Minerals

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)

-

-

-

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
 
 
DSHABMJTMBJMBIL
Date   Source Headline
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18th Mar 20089:32 amRNSCompletion of acquisition
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11th Mar 20087:05 amRNSDirectorate Change
11th Mar 20087:01 amRNSFinal Results
29th Feb 200811:17 amRNSTotal Voting Rights
12th Feb 200811:37 amRNSAdditional Listing
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21st Jan 20089:56 amRNSHolding(s) in Company
10th Jan 20089:06 amRNSDirector/PDMR Shareholding

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