Weir Group PLC Director/PDMR Shareholding
15 Aprile 2024 - 5:19PM
RNS Regulatory News
RNS Number : 6811K
Weir Group PLC
15 April 2024
15 April 2024
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 the second tranche of restricted share awards over
ordinary shares in the Company that were made in 2022 under The
Weir Group Share Reward Plan vested on 11 April 2024 and were
subsequently released to the PDMR listed below on the same day,
together with additional shares in respect of dividend equivalent
payments. A portion of the shares acquired by the PDMR were then
sold automatically to cover the PDMR's tax liability in respect of
acquisition of shares following the vesting of the share
awards.
|
PDMR
|
Shares vesting
|
Dividend equivalent shares received
|
Total shares exercised
|
Shares sold to cover tax liability
|
Total shares acquired
|
|
Sean Fitzgerald
|
7,464
|
133
|
7,597
|
2,822
|
4,775
|
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
|
Sean
Fitzgerald
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status
|
Division
President
|
|
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
|
|
Transaction 1
- share vesting
|
|
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 2022 under The Weir
Group Share Reward Plan, including dividend equivalent
shares.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£nil
|
7,597
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
N/A Single transaction
|
|
e)
|
Date of the transaction
|
11 April 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
Transaction 2
- sale of shares to cover tax
|
|
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
|
Sale of ordinary shares to cover the tax
arising on the vesting of an award made in 2022 under The Weir
Group Share Reward Plan.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£20.40
|
2,822
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
N/A Single transaction
|
|
e)
|
Date of the transaction
|
11 April 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange Main Market
(XLON)
|
|
|
|
|
| |
For further information, please
contact:
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771
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END
DSHIAMATMTBBBPI
Grafico Azioni Weir (LSE:WEIR)
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