Weir Group Inc. — Remuneration Information 2017

Sep 7, 2017

National Storage Mechanism | Additional information

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RNS Number : 1551Q

Weir Group PLC

07 September 2017

7 September 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 4 September 2017, Awards over ordinary 12.5 pence shares in the Company were granted under The Weir Group PLC Long Term Incentive Plan 2014 to the PDMR noted below.

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

Rosemary McGinness

2.

Reason for the notification

a)

Position/status

Chief People Officer

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) Grant of Performance Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is subject to performance conditions. The vesting date of the Award will be 7 September 2020. No consideration was paid for the grant of the award.

2) Grant of Restricted Share Award under The Weir Group PLC Long Term Incentive Plan 2014. The Award is not subject to performance conditions. The vesting date of the Award will be in two equal tranches on 31 July 2018 and 31 July 2019. No consideration was paid for the grant of the award.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
1	Nil	27,166
2	Nil	12,802

d)

Aggregated information

-     Aggregated volume

-     Price

Price(s)	Volume(s)
Nil	39,968

e)

Date of the transaction

4 September 2017

f)

Place of the transaction

Outside a trading venue

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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