Weir Group Inc. — Director's Dealing 2019

Mar 19, 2019

National Storage Mechanism | Additional information

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RNS Number : 3431T

Weir Group PLC

19 March 2019

19 March 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 18 March 2019 the PDMR listed below exercised an award granted to him under The Weir Group PLC Long Term Incentive Plan 2014.

PDMR	Shares vesting	Dividend equivalent shares received	Total shares exercised	Shares sold to cover tax liability	Total shares acquired
David Paradis	4,867	409	5,276	1,288	3,988

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 Weir Flow Control

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

1.   The acquisition of 3,988 shares following the vesting of an award granted under The Weir Group PLC Long Term Incentive Plan 2014. 

2.   Sale of 1,288 ordinary shares to cover the tax liability arising from the vesting.

Price(s) and volume(s)

	Price(s)	Volume(s)
1.	nil	3,988
2.	£16.077332	1,288

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

18 March 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

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END

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