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Keller Share News (KLR)



Share News for Keller (KLR)


Share Price: 948.00Bid: 947.50Ask: 950.00Change: 0.00 (0.00%)No Movement on Keller Grp.
Spread: 2.50Spread as %: 0.26%Open: 940.00High: 950.00Low: 932.00Yesterday’s Close: 948.00




UPDATE 1-Key investor to exit UK's Keller Group

Fri, 9th Mar 2012 09:35

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/

(karen.rebelo@thomsonreuters.com; within UK +44 20 7542 1810; outside UK +91 80 4135 6102; Reuters Messaging: karen.rebelo.reuters.com@reuters.net)

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