The Weir Group Announces Director/PDMR Shareholding Change
Why we think this is neutral
This RNS announcement is related to a director's shareholding change, which is a routine regulatory disclosure and does not contain any significant business updates or financial information. As such, it is assessed as a neutral news event with no major impact on the company's performance or outlook.
Key Points
- Jon Stanton, the CEO, has transferred 27,884 ordinary shares to a new nominee account provider
- The transfer was for nil consideration and there is no change in the ultimate beneficial ownership
Summary
The industrial machinery company has announced a change in shareholding for one of its directors.
The Weir Group PLC has announced that Jon Stanton, the Chief Executive Officer, has transferred 27,884 ordinary shares in the company from one nominee account to another, with no change in the ultimate beneficial ownership.
DIRECTOR DEALINGS