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 Ordinary Shares Award * / ** | Total Share Awards 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 Director | 23,895 | 46,667 |
| Graeme Cook | Human Resources Director | 13,660 | 13,660 |
| Joseph Hubback | Strategy Director | 14,510 | 29,847 |
| Michael Sinclair-Williams | HSEQ Director | 10,810 | 29,508 |
| 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 8.79p, 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 8.79p, 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
