March 9 (Reuters) - Keller Group Plc said that Pedro Lopez Jimenez, a non-executive director a
nd the second largest shareholder in the ground engineering firm, would be selling his 5.7 percent stake in the company.
Jimenez, who owned a stake in Keller through Spain's GTCEISU Construccion, would sell his 3.7 million shares in Keller that he obtained as part of a joint venture agreement between Keller and GTCEISU in 2002.
Day-to-day operations of the joint venture between the two companies, Keller-Terra SL, will not be affected, the firm said.
Shares of Keller, which built foundations for London's 2012 Olympic Stadium and helped prepare the site for the Palm-Jumeirah Island in Dubai, were down about 2 percent at 402.25 pence at 0918 GMT on the London Stock Exchange.
(Reporting by Karen Rebelo in Bangalore; Editing by Saumyadeb Chakrabarty) Keywords: KELLER/
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