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Director/PDMR Shareholding

16th Apr 2025 15:19

RNS Number : 3395F
Weir Group PLC
16 April 2025
 

16 April 2025

The Weir Group PLC

 

Correction: Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

 

CORRECTION: The notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA") announcement released 15 April 2025 at 16:58 under RNS number 1645F has been amended. The original announcement in section 4.1 b) of each PDMR's table did not specify the year when the awards were granted, and therefore the year of grant has now been added in section 4.1 b).

All other details regarding the transaction in the announcement remain unchanged.

The amended announcement is set out in full 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

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

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 2022 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

10,863

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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 2022 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£21.070357

5,119

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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

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

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 2022 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

4,212

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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 2022 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£21.070357

2,112

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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

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

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 2022 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

3,037

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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 2022 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£21.070357

1,523

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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

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

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 2022 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

3,128

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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 2022 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£21.070357

1,569

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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

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

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 2022 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

2,300

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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 2022 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£21.070357

1,154

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

11 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

 

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END
 
 
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