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Weir Group Inc.

Transaction in Own Shares Apr 10, 2025

5246_dirs_2025-04-10_906f834a-77e4-4103-9ae8-390a7f64d326.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 5435E

Weir Group PLC

10 April 2025

10 April 2025

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 the fourth tranches of various restricted share awards over ordinary shares in the Company that were made in 2020 under The Weir Group Share Reward Plan vested on 8 April 2025 and were subsequently released to each of the PDMRs listed below on the same day, together with additional shares in respect of dividend equivalent payments. A portion of the shares acquired by each of the PDMRs was then sold automatically to cover each PDMR's tax liability in respect of acquisition of shares following the vesting of the share awards. The remaining vested shares are subject to a further retention period of two years during which the PDMR is not entitled to sell the shares or otherwise deal with them.

PDMR Shares vested Dividend equivalent shares received Total shares received Shares sold to cover tax liability Total shares acquired
Jon Stanton 23,755 1,167 24,922 11,743 13,179
Andrew Neilson 9,958 487 10,445 5,237 5,208
Rosemary McGinness 7,120 347 7,467 3,743 3,724
Garry Fingland 7,394 361 7,755 3,888 3,867
Graham Vanhegan 7,170 349 7,519 3,491 4,028
Paula Cousins 4,976 239 5,215 2,615 2,600

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

2.

Reason for the notification

a)

Position/status

Chief Executive 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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 24,922

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 11,743

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Andrew Neilson

2.

Reason for the notification

a)

Position/status

Division President

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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 10,445

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 5,237

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 7,467

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 3,743

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Garry Fingland

2.

Reason for the notification

a)

Position/status

Chief Information 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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 7,755

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 3,888

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Graham Vanhegan

2.

Reason for the notification

a)

Position/status

Chief Legal 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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 7,519

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 3,491

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Paula Cousins

2.

Reason for the notification

a)

Position/status

Chief Strategy & Sustainability 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

Transaction 1 - share vesting

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

Vesting of awards granted in 2020 under The Weir Group Share Reward Plan, including dividend equivalent shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£nil 5,215

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

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

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2020 under The Weir Group Share Reward Plan.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£20.223463 2,615

d)

Aggregated information

-     Aggregated volume

-     Price

N/A Single transaction

e)

Date of the transaction

8 April 2025

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

For further information, please contact:

Jennifer Haddouk

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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