March 9 (Reuters) - Keller Group Plc said that Pedro Lopez Jimenez, a non-
executive director and 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/
(email@example.com; within UK +44 20 7542 1810; outside UK +91 80 4135 6102; Reuters Messaging: firstname.lastname@example.org)
COPYRIGHT Copyright Thomson Reuters 2012. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.