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Weir Group Inc. Remuneration Information 2017

Mar 29, 2017

5246_rns_2017-03-29_df86d9bf-ce3d-4adb-b7d4-7443d9d5c914.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 9057A

Weir Group PLC

29 March 2017

29 March 2017

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 27 March 2017 the PDMRs listed below were granted bonus share awards under The Weir Group PLC Long Term Incentive Plan 2014.

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

John Heasley

Andrew Neilson

Ricardo Garib

Paul Coppinger

2.

Reason for the notification

a)

Position/status

PDMR

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 bonus shares under The Weir Group PLC Long Term Incentive Plan 2014. 

c)

Price(s) and volume(s)

PDMR Price(s) Volume(s)
Jon Stanton £18.43 2,190
John Heasley £18.43 1,211
Andrew Neilson £18.43 1,148
Ricardo Garib £18.43 2,744
Paul Coppinger £18.43 2,126

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

27 March 2017

f)

Place of the transaction

London Stock Exchange Main Market (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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