Weir Group PLC Director/PDMR Shareholding (3285V)

TIDMWEIR

RNS Number : 3285V

Weir Group PLC

13 April 2021

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 9 April 2021 the PDMR listed below exercised the restricted award granted to him under The Weir Group Share Reward Plan.

 
 PDMR            Shares     Dividend      Total        Shares       Total shares 
                  vesting    equivalent    shares       sold to      acquired 
                             shares        exercised    cover tax 
                             received                   liability 
 John Heasley    5,964      157           6,121        2,946        3,175 
                ---------  ------------  -----------  -----------  -------------

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                                                  John Heasley 
      --------------------------------  ------------------------------------------------------ 
 2.    Reason for the notification 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                                  Chief Financial Officer 
      --------------------------------  ------------------------------------------------------ 
 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 of                  Ordinary shares of 12.5p each fully paid 
        the financial                   GB0009465807 
        instrument, type 
        of instrument 
        Identification 
        code 
      ------------------------------  -------------------------------------------------------- 
 b)    Nature of the                   Vesting of award granted in 2019 under 
        transaction                     The Weir Group Share Reward Plan. Following 
                                        vesting there is a requirement to retain 
                                        the vested shares (except for any shares 
                                        sold to cover any applicable tax withholding 
                                        requirement) for a period of three additional 
                                        years during which the PDMR is not entitled 
                                        to sell the shares or otherwise deal with 
                                        them. 
      ------------------------------  -------------------------------------------------------- 
  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: Price(s)      Volume(s) 
                                         GBP18.5917        2,946 
                                                      ---------- 
      ------------------------------  -------------------------------------------------------- 
 d)         Aggregated information     N/A Single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      ------------------------------  -------------------------------------------------------- 
 e)    Date of the transaction         9 April 2021 
      ------------------------------  -------------------------------------------------------- 
 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

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April 13, 2021 07:35 ET (11:35 GMT)

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