16 September 2021
Keller Group plc
Director/PDMR Shareholding
Keller Group plc (the "Company") announces that it has been
notified of the following transactions in the Company's Ordinary
shares of 10 pence each (“Shares”) undertaken by Persons
Discharging Managerial Responsibilities ("PDMRs").
Vesting of Shares under the Company’s
Long Term Incentive Plan ("LTIP")
On 15 September 2021, the
following Director/PDMR acquired Shares for nil consideration on
the vesting of awards made under the LTIP in 2018:
Director / PDMR (date of
award) |
Number of Shares awarded |
Number of Shares
released to PDMR* |
Number of Shares sold to cover
tax liability |
Price at which Shares
sold |
Net number of Shares
acquired |
Michael Speakman
(20.08.2018) |
52,409 |
6,447 |
3,041 |
£9.90 |
3,406 |
*The 2018 Performance Share Plan awards were measured over a
three-year performance period which began on 1 January 2018 and ended on 31 December 2020, and were subject to three
performance conditions:
- 50% Earnings Per Share (EPS) CAGR;
- 25% Total Shareholder Return (TSR) outperformance of FTSE 250
Index (excluding investment trusts); and
- 25% Return on Capital Employed (ROCE)
The above performance conditions were partially met and the
awards vested at 10.6%.
The number of Shares released includes additional shares
calculated to reflect dividends declared during the period from
grant until vesting, in accordance with the LTIP rules.
Dividend Reinvestment Plan
(“DRIP”)
On 16 September 2021, the
following PDMRs acquired a further interest in the Company's Shares
as a result of their participation in the Company's DRIP through a
nominee service. The price paid for each Share was £9.9688.
Name of PDMR |
Number of Shares
acquired |
Graeme Cook |
70 |
Kerry Porritt |
28 |
Peter Wyton |
19 |
The Notification of Dealing Form for each PDMR can be found
below. This announcement is made in accordance with Article 19 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of
domestic law by virtue of the European Union (Withdrawal) Act
2018.
Enquiries:
Keller Group plc
Silvana Glibota-Vigo, Group Head of
Secretariat
Tel: 020 7616 7575
LEI Number: 549300QO4MBL43UHSN10
Classification: 2.2 Inside information
NOTIFICATION AND
PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 |
Details
of persons discharging managerial responsibility (“PDMR”)
/ person closely associated (“PCA”) |
a) |
Name |
Michael Speakman |
2 |
Reason for the
notification |
a) |
Position /
status |
PDMR
(Provide job title) |
PCA
(Provide name of job title of relevant PDMR) |
Chief Executive Officer |
N/A |
b) |
Initial notification/Amendment |
Initial notification |
3 |
Details of the
issuer |
a) |
Name |
Keller Group plc |
b) |
LEI and classification |
549300QO4MBL43UHSN10
2.2 Inside information |
4 |
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a) |
Description of the
financial instrument
Identification code |
Ordinary shares of 10p each
GB0004866223 |
b) |
Indicate nature of the
transaction |
Acquisition |
Disposal |
Subscription |
Other |
|
ii) Is the
transaction linked to an exercise of a share award? |
Yes |
No |
X |
|
|
iii) Was
the transaction conducted pursuant to an investment programme or a
trading plan? |
Yes |
No |
If yes, provide date at which investment programme or
trading plan was entered into: |
|
X |
|
c) |
Price(s)
and volume(s) |
Price(s)
(Please state currency) |
Volume(s) |
Nil |
6,447 |
d) |
Aggregated
information |
Aggregated price(s)
(Please state currency) |
Aggregated volume(s) |
n/a |
n/a |
e) |
Date of the transaction |
2021.09.15
Time zone: BST |
f) |
Place of the transaction |
Outside trading venue |
|
|
|
|
|
|
|
4 |
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a) |
Description of the
financial instrument
Identification code |
Ordinary shares of 10p each
GB0004866223 |
b) |
Indicate nature of the
transaction |
Acquisition |
Disposal |
Subscription |
Other |
|
ii) Is the
transaction linked to an exercise of a share award? |
Yes |
No |
X |
|
|
iii) Was
the transaction conducted pursuant to an investment programme or a
trading plan? |
Yes |
No |
If yes, provide date at which investment programme or
trading plan was entered into: |
|
X |
|
c) |
Price(s)
and volume(s) |
Price(s)
(Please state currency) |
Volume(s) |
£9.90 |
3,041 |
d) |
Aggregated
information |
Aggregated price(s)
(Please state currency) |
Aggregated volume(s) |
n/a |
n/a |
e) |
Date of the transaction |
2021.09.15
Time zone: BST |
f) |
Place of the transaction |
London Stock Exchange |
|
|
|
|
|
|
|
1 |
Details
of persons discharging managerial responsibility (“PDMR”)
/ person closely associated (“PCA”) |
a) |
Name |
Graeme Cook |
2 |
Reason for the
notification |
a) |
Position /
status |
PDMR
(Provide job title) |
PCA
(Provide name of job title of relevant PDMR) |
Group HR Director |
N/A |
b) |
Initial notification/Amendment |
Initial
notification |
3 |
Details of the
issuer |
a) |
Name |
Keller Group plc |
b) |
LEI and classification |
549300QO4MBL43UHSN10
2.2 Inside information |
4 |
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a) |
Description of the
financial instrument
Identification code |
Ordinary shares of 10p
each
GB0004866223 |
b) |
Indicate nature of the
transaction |
Acquisition |
Disposal |
Subscription |
Other |
|
ii) Is the
transaction linked to an exercise of a share award? |
Yes |
No |
|
X |
|
iii) Was
the transaction conducted pursuant to an investment programme or a
trading plan? |
Yes |
No |
If yes, provide date at which investment programme or
trading plan was entered into: |
|
X |
|
c) |
Price(s)
and volume(s) |
Price(s)
(Please state currency) |
Volume(s) |
£9.9688 |
70 |
d) |
Aggregated
information |
Aggregated price(s)
(Please state currency) |
Aggregated volume(s) |
n/a |
n/a |
e) |
Date of the transaction |
2021.09.16
Time zone: BST |
f) |
Place of the transaction |
London Stock
Exchange |
|
|
|
|
|
|
|
|
|
1 |
Details
of persons discharging managerial responsibility (“PDMR”)
/ person closely associated (“PCA”) |
a) |
Name |
Kerry Porritt |
2 |
Reason for the
notification |
a) |
Position /
status |
PDMR
(Provide job title) |
PCA
(Provide name of job title of relevant PDMR) |
Group Company Secretary and Legal Advisor |
N/A |
b) |
Initial notification/Amendment |
Initial
notification |
3 |
Details of the
issuer |
a) |
Name |
Keller Group plc |
b) |
LEI and classification |
549300QO4MBL43UHSN10
2.2 Inside information |
4 |
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a) |
Description of the
financial instrument
Identification code |
Ordinary shares of 10p
each
GB0004866223 |
b) |
Indicate nature of the
transaction |
Acquisition |
Disposal |
Subscription |
Other |
|
ii) Is the
transaction linked to an exercise of a share award? |
Yes |
No |
|
X |
|
iii) Was
the transaction conducted pursuant to an investment programme or a
trading plan? |
Yes |
No |
If yes, provide date at which investment programme or
trading plan was entered into: |
|
X |
|
c) |
Price(s)
and volume(s) |
Price(s)
(Please state currency) |
Volume(s) |
£9.9688 |
28 |
d) |
Aggregated
information |
Aggregated price(s)
(Please state currency) |
Aggregated volume(s) |
n/a |
n/a |
e) |
Date of the transaction |
2021.09.16
Time zone: BST |
f) |
Place of the transaction |
London Stock
Exchange |
|
|
|
|
1 |
Details
of persons discharging managerial responsibility (“PDMR”)
/ person closely associated (“PCA”) |
a) |
Name |
Peter Wyton |
2 |
Reason for the
notification |
a) |
Position /
status |
PDMR
(Provide job title) |
PCA
(Provide name of job title of relevant PDMR) |
President, AMEA |
N/A |
b) |
Initial notification/Amendment |
Initial
notification |
3 |
Details of the
issuer |
a) |
Name |
Keller Group plc |
b) |
LEI and classification |
549300QO4MBL43UHSN10
2.2 Inside information |
4 |
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a) |
Description of the
financial instrument
Identification code |
Ordinary shares of 10p
each
GB0004866223 |
b) |
Indicate nature of the
transaction |
Acquisition |
Disposal |
Subscription |
Other |
|
ii) Is the
transaction linked to an exercise of a share award? |
Yes |
No |
|
X |
|
iii) Was
the transaction conducted pursuant to an investment programme or a
trading plan? |
Yes |
No |
If yes, provide date at which investment programme or
trading plan was entered into: |
|
X |
|
c) |
Price(s)
and volume(s) |
Price(s)
(Please state currency) |
Volume(s) |
£9.9688 |
19 |
d) |
Aggregated
information |
Aggregated price(s)
(Please state currency) |
Aggregated volume(s) |
n/a |
n/a |
e) |
Date of the transaction |
2021.09.16
Time zone: BST |
f) |
Place of the transaction |
London Stock
Exchange |