KELLER GROUP PLC - Director/PDMR Shareholding

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 award	Number of Shares awarded	Number of Shares released to PDMR*	Number of Shares sold to cover tax liability	Price at which Shares sold	Net number of Shares acquired
Venu Raju	09.03.2020	3,413	3,749	1,769	£7.60	1,980
Michael Speakman	09.03.2020	4,780	5,250	2,477	£7.60	2,773

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

LTIP Performance Share Awards – for the period 2019/21

Director / PDMR	Date of Award	Number of Shares awarded	Number of Shares released to PDMR*	Number of Shares sold to cover tax liability	Price at which Shares sold	Net number of Shares acquired
Graeme Cook	08.03.2019	29,676	12,583	5,935	£7.60	6,648
Jim De Waele	08.03.2019	26,925	11,417	5,385	£7.60	6,032
Eric Drooff	08.03.2019	35,727	15,150	5,246	£7.60	9,904
Kerry Porritt	08.03.2019	22,828	9,679	4,566	£7.60	5,113
John Raine	08.03.2019	25,018	10,610	2,822	£7.60	7,788
Venu Raju	08.03.2019	44,797	18,996	8,960	£7.60	10,036
Michael Speakman	08.03.2019	71,215	30,199	14,244	£7.60	15,955
Peter Wyton	08.03.2019	30,437	N/A**	N/A	N/A	N/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 Award	Number of Shares awarded	Number of Shares released to PDMR*	Number of Shares sold to cover tax liability	Price at which Shares sold	Net number of Shares acquired
Graeme Cook	08.03.2019	15,828	9,163	4,322	£7.60	4,841

*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 plc
Silvana Glibota-Vigo, Group Head of Secretariat
Tel: 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

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Graeme Cook
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		Group People Director		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal	Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes		No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No	If 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)
		Nil		12,583
		Nil		9,163
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		21,746
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		5,935
		£7.60		4,322
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		10,257
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Jim De Waele
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		President, Europe		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		11,417
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		11,417
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		5,385
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		5,385
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Eric Drooff
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		President, North America		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		15,150
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		15,150
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		5,246
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		5,246
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Kerry Porritt
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		Group Company Secretary and Legal Advisor		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		9,679
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		9,679
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		4,566
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		4,566
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	John Raine
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		Group HSEQ Director		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		10,610
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		10,610
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		2,822
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		2,822
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Venu Raju
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		Engineering and Operations Director		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		18,996
		Nil		3,749
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		22,745
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		8,960
		£7.60		1,769
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		10,729
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Michael Speakman
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		Chief Executive Officer		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		Nil		30,199
		Nil		5,250
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		Nil		35,499
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside 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 code	Ordinary shares of 10p each GB0004866223
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other
	ii) Is the transaction linked to an exercise of a share award?	Yes			No
		X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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)
		£7.60		14,244
		£7.60		2,477
d)	Aggregated information	Aggregated price(s) (Please state currency)		Aggregated volume(s)
		£7.60		16,721
e)	Date of the transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	London Stock Exchange

1	Details of persons discharging managerial responsibility (“PDMR”) / person closely associated (“PCA”)
a)	Name	Peter Wyton
2	Reason for the notification
a)	Position / status	PDMR (Provide job title)		PCA (Provide name of job title of relevant PDMR)
		President, AMEA		N/A
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Keller Group plc
b)	LEI and classification	549300QO4MBL43UHSN10 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 code	Conditional right to receive a cash payment determined by reference to the value of ordinary shares of 10p each
b)	Indicate nature of the transaction	Acquisition	Disposal		Subscription	Other - 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?	Yes			No
					X
	iii) Was the transaction conducted pursuant to an investment programme or a trading plan?	Yes	No		If 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 information	Aggregated 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 transaction	Date: 2022.03.09 Time zone: GMT
f)	Place of the transaction	Outside trading venue