Weir Group PLC Director/PDMR Shareholding (7851X)
01 May 2019 - 11:43PM
UK Regulatory
TIDMWEIR
RNS Number : 7851X
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 restricted award
granted to him under The Weir Group PLC Long Term Incentive Plan
2014.
PDMR Shares vesting Dividend Total Shares sold Total shares
equivalent shares to cover acquired
shares exercised tax liability
received
Paul Coppinger 39,433 2,252 41,685 10,176 31,509
--------------- ------------ ----------- --------------- -------------
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 Paul Coppinger
-------------------------------- ----------------------------------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------------------------------------
a) Position/status Division President of Weir Oil and Gas
-------------------------------- ----------------------------------------------------------------------
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 2016 under
transaction 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)
Paul Coppinger GBP17.26 10,176
---------- ----------
------------------------------ ------------------------------------------------------------------------
d) Aggregated information N/A Single transaction
* Aggregated volume
* Price
------------------------------ ------------------------------------------------------------------------
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
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