Weir Group Announces Change in Shareholding
Why we think this is neutral
This RNS announcement is a director dealings update, which does not contain any financial or operational information about the company's performance. As a result, I have assigned a neutral sentiment score as there is no clear positive or negative news to assess.
Key Points
- Principal Global Investors, LLC has increased its stake in Weir Group PLC to 5.14% of the voting rights
Summary
The industrial machinery company has announced a change in shareholding, with Principal Global Investors, LLC increasing its stake to 5.14% of the voting rights.
Weir Group PLC has announced that Principal Global Investors, LLC has acquired 13,343,555 ordinary shares, representing 5.14% of the voting rights in the company. This change in shareholding was reported on 14 March 2025.
DIRECTOR DEALINGS