KLR Keller Group Plc

 
TIDMKLR 
 
Keller Group plc 
 
   Notification and public disclosure of transactions by Persons Discharging 
                     Managerial Responsibilities ("PDMRs) 
 
         Awards made under Keller Group plc's Long Term Incentive Plan 
 
On 9 March 2020 Keller Group plc (the "Company") granted: 
 
  * Deferred bonus award totalling 13,041 ordinary shares in Keller Group plc 
    ("Ordinary shares"); and 
  * Performance share awards totalling 450,259 Ordinary shares 
 
as awarded by the Remuneration Committee under the terms of the Keller Long 
Term Incentive Plan (the "Plan"), to the PDMRs listed in the tables 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 12 March 
2020, who were granted deferred bonus awards and performance share 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. 
 
Deferred Bonus Award 
 
      Name                      Position                 No. of       Total 
                                                        Ordinary    Deferred 
                                                        Shares    Bonus Awards 
                                                       awarded1/3 outstanding3 
 
 
Michael Speakman  Chief Executive Officer                4,780        6,216 
 
James Hind        President, North America               4,848        4,848 
 
Venu Raju         Engineering and Operations Director    3,413        3,413 
 
Executive Directors are subject to a deferral of 25% of any annual bonus 
payment into Ordinary shares for a period of two years that is eligible for 
dividend equivalents over the period from the date the deferred award is 
granted, to the date of its vesting.  Malus and clawback apply. 
 
Performance Share Awards 
 
      Name                      Position                 No. of       Total 
                                                        Ordinary   Performance 
                                                         Shares    Share Awards 
                                                        awarded 1  outstanding3 
                                                          /2/3 
 
Michael Speakman  Chief Executive Officer               109,513      233,137 
 
Mark Hooper       Interim Chief Financial Officer        40,676       40,676 
 
Venu Raju         Engineering and Operations Director    36,634      101,984 
 
James Hind        President of North America             65,058      184,540 
 
Thorsten Holl     President of EMEA                      42,260      117,257 
 
Peter Wyton       President of APAC                      27,118       69,832 
 
Eric Drooff       Chief Operating Officer of North       40,859       87,885 
                  America 
 
Graeme Cook       Group Human Resources Director         24,275       65,696 
 
Jim De Waele      Group Strategy Director                22,022       58,949 
 
John Raine        Group HSEQ Director                    21,662       46,680 
 
Kerry Porritt     Group Company Secretary and Legal      20,182       51,575 
                  Advisor 
 
 
 
Weighting,  2020 - 2022 Performance                     Threshold -      Maximum - 100% 
     %      measures                                    25% vesting         vesting 
 
    50%     Cumulative Earnings per Share (EPS)            270p               310p 
            over three years 
 
    25%     TSR ranking vs FTSE250 (excluding             Median         Upper quartile 
            Investment trusts and Financial 
            Services) 
 
    25%     Return on Capital Employed (ROCE)               14%               20% 
 
The Performance Share Award performance conditions are measured over a three 
year period ending on 31 December 2022 and are expected to vest in March 2023. 
Executive Directors are subject to a further two year holding period. Malus and 
clawback apply. 
 
For the purposes of article 19 of MAR, the above transactions took place in the 
United Kingdom, with a grant date of 9 March 2020 and the PDMRs being notified 
on 12 March 2020. 
 
K A A Porritt 
Group Company Secretary and Legal Advisor 
13 March 2020 
www.keller.com 
 
[1] The price used to calculate the maximum number of ordinary shares under the 
Deferred Bonus Award and Performance Share Award was 799.00p, being the average 
closing price on 21, 24 and 25 February 2020 of the Company's shares on the 
main market of the London Stock Exchange. 
 
2 The amounts shown above represent the maximum possible number of ordinary 
shares that may be granted to the above named participants under the 2020 
Performance Share Award. 
 
3 The awards above excludes notional dividends. 
 
LEI number:            549300QO4MBL43UHSN10 
Classification:         3.1 Additional regulated information required to be 
disclosed under the laws of a Member State 
 
 
 
END 
 

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