Weir Group PLC Director/PDMR Shareholding (2525M)
April 26 2018 - 6:48AM
UK Regulatory
TIDMWEIR
RNS Number : 2525M
Weir Group PLC
26 April 2018
26 April 2018
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 23
April 2018 the PDMR listed below exercised the restricted award
granted to him under The Weir Group PLC Long Term Incentive Plan
2014.
PDMR Shares Dividend Total Shares Total
vesting equivalent shares sold to shares
shares exercised cover acquired
received tax liability
--------------- --------- ------------ ----------- --------------- ----------
David Paradis 9,204 526 9,730 2,377 7,353
--------------- --------- ------------ ----------- --------------- ----------
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 David Paradis
---- -------------------------------- -----------------------------------------------------------
2. Reason for the notification
---- ---------------------------------------------------------------------------------------------
a) Position/status Division President of Weir Flow
Control
---- -------------------------------- -----------------------------------------------------------
b) Initial notification/ Initial Notification
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 Ordinary shares of 12.5p each
of the financial fully paid
instrument, GB0009465807
type of instrument
Identification
code
---- ------------------------------ -------------------------------------------------------------
b) Nature of Vesting of award granted in 2015
the transaction and 2016 under The Weir Group
PLC Long Term Incentive Plan
2014.
---- ------------------------------ -------------------------------------------------------------
c) Price(s) and The shares sold to cover the
volume(s) tax liability arising from the
vesting were disposed of at the
price noted below: PDMR Price(s) Volume(s)
--------------- ---------- ----------
David Paradis GBP22.62 2,377
--------------- ---------- ----------
---- ------------------------------ -------------------------------------------------------------
d) Aggregated N/A Single transaction
information
* Aggregated volume
* Price
---- ------------------------------ -------------------------------------------------------------
e) Date of the 23 April 2018
transaction
---- ------------------------------ -------------------------------------------------------------
f) Place of the London Stock Exchange Main Market
transaction (XLON)
---- ------------------------------ -------------------------------------------------------------
For further information, please contact:
Christopher Morgan
Company Secretary
Telephone: 0141 308 3771
This information is provided by RNS
The company news service from the London Stock Exchange
END
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