The Weir Group PLC Announces Director Shareholding Changes
Why we think this is neutral
This RNS announcement is a routine notification of a director's shareholding changes, which does not provide any significant new information about the company's financial performance or operations. As such, it is assessed to be neutral in sentiment.
Key Points
- Shares vested for PDMR Sean Fitzgerald under The Weir Group Share Reward Plan
- Portion of shares sold to cover tax liability
- Remaining 4,853 shares acquired by Fitzgerald
Summary
The industrial machinery company has announced changes to a director's shareholding, with shares vesting and a portion sold to cover tax liabilities.
The Weir Group PLC has announced that a PDMR, Sean Fitzgerald, has had 7,738 shares vest under the company's Share Reward Plan, including 274 dividend equivalent shares. Of these, 2,885 shares were sold automatically to cover Fitzgerald's tax liability, leaving him with 4,853 net shares acquired.
DIRECTOR DEALINGS