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Director/PDMR Shareholding

10 Mar 2022 15:23

KELLER GROUP PLC - Director/PDMR Shareholding

KELLER GROUP PLC - Director/PDMR Shareholding

PR Newswire

London, March 10

10 March 2022

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").

As a result of the vesting of Shares under the Company’s Long Term Incentive Plan ("LTIP"), on 9 March 2022 the following Director and PDMRs acquired Shares for nil consideration:

LTIP Deferred Bonus Awards – in respect of the year ended 31 December 2019

Director / PDMR Date of awardNumber of Shares awardedNumber of Shares released to PDMR*Number of Shares sold to cover tax liabilityPrice at which Shares soldNet number of Shares acquired
Venu Raju09.03.20203,4133,7491,769£7.601,980
Michael Speakman09.03.20204,7805,2502,477£7.602,773

*Includes dividend equivalents added as shares since the date of grant.

LTIP Performance Share Awards – for the period 2019/21

Director / PDMR Date of AwardNumber of Shares awardedNumber of Shares released to PDMR*Number of Shares sold to cover tax liabilityPrice at which Shares soldNet number of Shares acquired
Graeme Cook08.03.201929,67612,5835,935£7.606,648
Jim De Waele08.03.201926,92511,4175,385£7.606,032
Eric Drooff08.03.201935,72715,1505,246£7.609,904
Kerry Porritt08.03.201922,8289,6794,566£7.605,113
John Raine08.03.201925,01810,6102,822£7.607,788
Venu Raju08.03.201944,79718,9968,960£7.6010,036
Michael Speakman08.03.201971,21530,19914,244£7.6015,955
Peter Wyton08.03.201930,437N/A**N/AN/AN/A

*Includes dividend equivalents added as shares since the date of grant.

**Peter Wyton received an equivalent cash payment in place of shares on vesting of the award.

The 2019 LTIP Performance Share Awards were measured over a three-year performance period which began on 1 January 2019 and ended on 31 December 2021, 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 36.6%.

LTIP Conditional Awards – for the period 2019/21

Director / PDMR Date of AwardNumber of Shares awardedNumber of Shares released to PDMR*Number of Shares sold to cover tax liabilityPrice at which Shares soldNet number of Shares acquired
Graeme Cook08.03.201915,8289,1634,322£7.604,841

*Includes dividend equivalents added as shares since the date of grant.

Conditional share awards are subject to the participant’s continued employment from the date of grant until vesting. The Award vested at 50% after year two and 50% after year three. 

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 plcSilvana Glibota-Vigo, Group Head of SecretariatTel: 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

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameGraeme Cook
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
Group People DirectorN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil12,583
Nil9,163
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil21,746
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.605,935
£7.604,322
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.6010,257
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameJim De Waele
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
President, EuropeN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil11,417
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil11,417
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.605,385
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.605,385
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameEric Drooff
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
President, North AmericaN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil15,150
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil15,150
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.605,246
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.605,246
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameKerry Porritt
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
Group Company Secretary and Legal AdvisorN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil9,679
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil9,679
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.604,566
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.604,566
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameJohn Raine
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
Group HSEQ DirectorN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil10,610
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil10,610
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.602,822
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.602,822
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameVenu Raju
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
Engineering and Operations DirectorN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil18,996
Nil3,749
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil22,745
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.608,960
£7.601,769
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.6010,729
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NameMichael Speakman
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
Chief Executive OfficerN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
Nil30,199
Nil5,250
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
Nil35,499
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside 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 codeOrdinary shares of 10p each GB0004866223
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
£7.6014,244
£7.602,477
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
£7.6016,721
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionLondon Stock Exchange

1Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)NamePeter Wyton
2Reason for the notification
a)Position / statusPDMR (Provide job title)PCA (Provide name of job title of relevant PDMR)
President, AMEAN/A
b)Initial notification/Amendment Initial notification
3Details of the issuer
a)NameKeller Group plc
b)LEI and classification549300QO4MBL43UHSN10 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 codeConditional right to receive a cash payment determined by reference to the value of ordinary shares of 10p each
b)Indicate nature of the transactionAcquisitionDisposalSubscriptionOther  - receipt of a cash payment determined by reference to the value of a specified number of ordinary shares of 10p each
ii) Is the transaction linked to an exercise of a share award?YesNo
X
iii) Was the transaction conducted pursuant to an investment programme or a trading plan?YesNoIf 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)
N/A – A cash payment of £98,085.60 determined by reference to 12,906 shares at a price of £7.60
d)Aggregated informationAggregated price(s) (Please state currency)Aggregated volume(s)
N/A – A cash payment of £98,085.60 determined by reference to 12,906 shares at a price of £7.60
e)Date of the transactionDate: 2022.03.09 Time zone: GMT
f)Place of the transactionOutside trading venue
Date   Source Headline
3rd Sep 20207:00 amRNSAppointment of Chief Financial Officer
2nd Sep 20202:05 pmPRNDirector/PDMR Shareholding
2nd Sep 20201:49 pmPRNTotal Voting Rights
28th Aug 20202:49 pmPRNDirector/PDMR Shareholding
24th Aug 20201:48 pmPRNDirector/PDMR Shareholding
17th Aug 202011:37 amPRNDirector/PDMR Shareholding
11th Aug 20201:20 pmPRNDirector/PDMR Shareholding
6th Aug 202012:41 pmPRNDirector/PDMR Shareholding
4th Aug 20201:34 pmRNSKeller Group plc Interim Results H1 2020
4th Aug 20207:00 amRNSKeller Group plc Interim Results H1 2020
3rd Aug 20207:00 amPRNTotal Voting Rights
22nd Jul 202011:41 amPRNHolding(s) in Company
14th Jul 202012:03 pmRNSPrice Monitoring Extension
1st Jul 20209:26 amPRNBlocklisting - Interim Review
1st Jul 20209:23 amPRNTotal Voting Rights
30th Jun 202011:13 amPRNResult of AGM
29th Jun 20201:15 pmPRNHolding(s) in Company
16th Jun 20207:00 amRNSTrading update and the dividend recommendation
4th Jun 20205:41 pmPRNDirector/PDMR Shareholding
1st Jun 20209:23 amPRNTotal Voting Rights
1st May 20207:00 amPRNTotal Voting Rights
28th Apr 20201:09 pmPRNArticles of Association
23rd Apr 20207:00 amRNSTrading Statement & AGM Notice
15th Apr 202011:20 amPRNAnnual Financial Report
6th Apr 202012:08 pmRNSSecond Price Monitoring Extn
6th Apr 202012:02 pmRNSPrice Monitoring Extension
1st Apr 20209:14 amPRNTotal Voting Rights
31st Mar 202012:03 pmRNSPrice Monitoring Extension
27th Mar 202012:02 pmRNSPrice Monitoring Extension
26th Mar 20202:40 pmPRNDirector/PDMR Shareholding
25th Mar 20207:00 amRNSStatement on the business impact of the COVID-19
20th Mar 202012:02 pmRNSPrice Monitoring Extension
13th Mar 202011:43 amPRNDirector/PDMR Shareholding
5th Mar 20209:59 amPRNDirector/PDMR Shareholding
4th Mar 202011:03 amPRNDirector/PDMR Shareholding
3rd Mar 20207:00 amRNSKeller Group plc Audited Preliminary Results
2nd Mar 20207:21 amPRNTotal Voting Rights
3rd Feb 20207:00 amPRNTotal Voting Rights
31st Jan 202010:42 amPRNDirector Declaration
2nd Jan 20209:40 amPRNBlocklisting - Interim Review
2nd Jan 20209:32 amPRNTotal Voting Rights
17th Dec 20192:07 pmPRNDirector Declaration
12th Dec 20199:29 amPRNDirector Declaration
12th Dec 20197:00 amRNSDirectorate Changes
12th Dec 20197:00 amRNSTrading Update
2nd Dec 20199:50 amPRNTotal Voting Rights
21st Nov 201911:34 amPRNDirector/PDMR Shareholding
19th Nov 20197:00 amRNSTrading Update
1st Nov 20197:00 amPRNTotal Voting Rights
21st Oct 20193:47 pmPRNHolding(s) in Company

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