Keller Group PLC Correction : Director/PDMR Shareholding

 
TIDMKLR 
 
Share price has been corrected to GBP8.79. 
 
 
                               Keller Group plc 
 
   Notification and public disclosure of transactions by Persons Discharging 
                     Managerial Responsibilities ("PDMRs) 
 
 
Performance Share Plan Awards 
 
On 3 March 2017 Keller Group plc (the "Company") granted share awards 
(structured as options) totaling 260,350 Ordinary Shares of 10 pence each in 
the Company, as awarded by the Remuneration Committee under the terms of the 
Keller Group Performance Share Plan 2014 (the "plan"), in respect of the year 
ended 31 December 2016, to the PDMRs listed in the table below. 
 
The Company has received notification from PDMRs pursuant to article 19 of 
regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 
April 2014 on market abuse ("Market Abuse Regulation" or "MAR"), on 6 March 
2017, who were granted conditional awards in respect of the following number of 
Ordinary shares of 10 pence each in the Company, under the plan in accordance 
with the respective rules. 
 
Name                    Position                        No. of      Total Share 
                                                       Ordinary        Awards 
                                                     Shares Award   outstanding 
                                                        * / ** 
 
Alain Michaelis         Chief Executive                 58,590        219,883 
 
James Hind              Finance Director                39,875        148,838 
 
John Rubright           President of North America      36,560         84,564 
 
Thorsten Holl           President of EMEA               26,490         49,496 
 
Mark Kliner             President of APAC               26,000         59,386 
 
Venu Raju               Engineering and Operations      23,895         46,667 
                        Director 
 
Graeme Cook             Human Resources Director        13,660         13,660 
 
Joseph Hubback          Strategy Director               14,510         29,847 
 
Michael                 HSEQ Director                   10,810         29,508 
Sinclair-Williams 
 
Kerry Porritt           Group Company Secretary         9,960          26,706 
 
* The amounts shown above represent the maximum possible number of ordinary 
shares that may be granted to the above named participants under the 2017 PSP 
Award. 
 
**The price used to calculate the maximum number of ordinary shares under the 
2017 PSP Award was GBP8.79, being the average closing price on 28 February 2017, 
1 March 2017 and 2 March 2017 of the Company's shares on the main market of the 
London Stock Exchange. 
 
The 2017 PSP Awards are subject to two performance conditions linked to Total 
Shareholder Return and Earnings per Share and have equal weighting. 
 
The performance conditions are measured over a 3 year period ending on 31 
December 2019 and are expected to vest in March 2020. 
 
Annual Bonus Plan 
 
On 3 March 2017, Keller Group plc (the "Company") gave deferred bonus shares 
totaling 450 Ordinary Shares of 10 pence each in the Company, under the terms 
of the Keller Group Deferred Bonus Plan (the "plan"), in respect of the year 
ended 31 December 2016, to Thorsten Holl, a PDMR, as set out below. 
 
The Company has received notification from Mr Holl pursuant to article 19 of 
regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 
April 2014 on market abuse ("Market Abuse Regulation" or "MAR"), on 6 March 
2017, who was given deferred bonus shares in respect of the following number of 
Ordinary shares of 10 pence each in the Company, under the plan in accordance 
with the respective rules. 
 
Name                    Position                          No. of Ordinary 
                                                               Shares 
                                                                 * 
 
Thorsten Holl           President of EMEA                       450 
 
* The price used to calculate the maximum number of ordinary shares under the 
Deferred Bonus Plan was GBP8.79, being the average closing price on 28 February 
2017, 1 March 2017 and 2 March 2017 of the Company's shares on the main market 
of the London Stock Exchange. 
 
Annual bonus payments above 100% of salary are deferred into Company shares for 
a period of three years and eligible for dividend equivalents over the period 
from the date the deferred award is granted, to the date of its vesting.  Malus 
and clawback may operate in respect of deferred bonus shares. 
 
For the purposes of article 19 of MAR, the above transactions took place in the 
United Kingdom, with a grant date of 3 March 2017 and the PDMRs being notified 
on 6 March 2017. 
 
K A A Porritt 
Group Company Secretary 
8 March 2017 
www.keller.com 
 
 
 
END 
 

(END) Dow Jones Newswires

March 09, 2017 07:45 ET (12:45 GMT)