KELLER GROUP PLC - Director/PDMR Shareholding
PR Newswire
London, June 4
Keller Group plc
Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMRs)
Performance Share Plan Awards
On 30 May 2018 Keller Group plc (the "Company") granted share awards totaling 603,069 Ordinary Shares of 10 pence each in the Company, as awarded by the Remuneration Committee under the terms of the Keller Long Term Incentive Plan (the "plan"), in respect of the year ended 31 December 2017, 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 30 May 2018, 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 | 75,621 | 197,401 |
| James Hind | Finance Director | 42,883 | 125,769 |
| Venu Raju | Engineering and Operations Director | 20,553 | 56,776 |
| John Rubright | President of North America | 28,500 | 97,488 |
| Thorsten Holl | President of EMEA | 23,827 | 73,323 |
| Peter Wyton | President of APAC | 12,277 | 12,277 |
| Graeme Cook | Human Resources Director | 11,745 | 25,405 |
| Joseph Hubback | Strategy Director | 12,485 | 42,332 |
| Kerry Porritt | Group Company Secretary | 8,565 | 28,004 |
* The amounts shown above represent the maximum possible number of ordinary shares that may be granted to the above named participants under the 2018 PSP Award.
**The price used to calculate the maximum number of ordinary shares under the 2018 PSP Award was £10.47, being the average closing price on 24 May 2018, 25 May 2018 and 29 May 2018 of the Company's shares on the main market of the London Stock Exchange.
| Weighting, % | 2018 - 2020 Performance measures | Threshold - 25% vesting | Maximum - 100% vesting | |
| 50% | Cumulative Earnings per Share (EPS) over three years | 310p | 355p | |
| 25% | TSR ranking vs FTSE2501 | Median | Upper quartile | |
| 25% | Return on Capital Employed (ROCE) | 14% | 20% | |
|
The performance conditions are measured over a 3 year period ending on 31 December 2020 and are expected to vest in March 2021.
K A A Porritt
Group Company Secretary
4 June 2018
www.keller.com
LEI number: 549300QO4MBL43UHSN10
Classification: 3.1 Additional regulated information required to be disclosed under the laws of a Member State
