RNS Number : 6938K
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 on 11 April 2024, the PDMRs noted below were granted deferred bonus awards under The Weir Group Share Reward Plan.

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

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

Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The award will vest in a single tranche on 11 April 2027.

The Award is not subject to performance conditions.

No consideration was paid for the grant of the award.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

14,954

 

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 

 

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

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

Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The award will vest in a single tranche on 11 April 2027.

The Award is not subject to performance conditions.

No consideration was paid for the grant of the award.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

4,227

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 

 

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

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

Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The award will vest in a single tranche on 11 April 2027.

The Award is not subject to performance conditions.

No consideration was paid for the grant of the award.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

4,227

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 

 

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 Minerals Division

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

Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The award will vest in a single tranche on 11 April 2027.

The Award is not subject to performance conditions.

No consideration was paid for the grant of the award.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

6,141

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 

 

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

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

Grant of Deferred Bonus Award under The Weir Group Share Reward Plan. The award will vest in a single tranche on 11 April 2027.

The Award is not subject to performance conditions.

No consideration was paid for the grant of the award.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

2,983

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

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

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

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan.

The vesting date of the Award will be 11 April 2027, being the third anniversary of the Award date.

 c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£20.40

2,153

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

 

Details of the person discharging managerial responsibilities/ person closely associated

Name

Sean Fitzgerald

Reason for the notification

Position/status

President of Weir ESCO Division

Initial notification/ Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

The Weir Group PLC

LEI

549300KDR56WHY9I3D10

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

Description of the financial instrument, type of instrument

                      Identification code

Ordinary shares of 12.5p each fully paid

 

                                                                                       

GB0009465807

Nature of the transaction

Purchase of Deferred Bonus Shares under The Weir Group Share Reward Plan.

The vesting date of the Award will be 11 April 2027, being the third anniversary of the Award date.

Price(s) and volume(s)

 

Price(s)

Volume(s)

£20.40

2,593

Aggregated information

-     Aggregated volume

-     Price

N/A

 

Date of the transaction

11 April 2024

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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