11th Mar 2005 13:53
KELLER GROUP PLC ("the Company") The Company today announces the following transactions by Directors of theCompany in the Company's shares: 1. Performance Share Scheme On 8 March 2005 Keller Group plc granted awards (structured as options) toacquire ordinary shares in the Company under the Keller Group Performance SharePlan 2004, as follows:Director Total number of ordinary shares Mr J. R. Atkinson 47,000 Mr J. W. G. Hind 32,000 Mr R. M. Rubright 32,000 Dr W. Sondermann 32,000 No consideration was paid by any Director for the grant of an award.The exercise price for the above awards is ‚£1 in total (payable each time anaward is exercised). The awards will normally be exercisable for a period ofsix months commencing on 8 March 2008, subject to continued employment and thesatisfaction of performance conditions, which will be measured over threeyears.Awards will be satisfied through shares purchased or subscribed for by thetrustees of the Keller Group Employee Benefit Trust or the Keller Group USEmployee Benefit Trust.The above named Directors notified Keller Group plc of their respectiveinterests in these shares on 8 March 2005.Including the number of ordinary shares over which awards were granted underthe performance share plan on 8 March 2005, the Directors held options andshare awards under all schemes established by the Company over the followingnumber of ordinary shares: Director Total number of ordinary shares over which options or rights have been granted under all schemes Mr J. R. Atkinson 234,500 Mr J. W. G. Hind 107,000 Mr R. M. Rubright 177,000 Dr W. Sondermann 117,000 2. Deferred Annual Bonus ("DAB") Scheme On 10 March 2005 the Trustees of the Keller Group plc Employees' Benefit Trustawarded shares to directors of the Company as shown below. In the case of MrAtkinson, the Trustees sold on his behalf sufficient shares to meet his taxliability in respect of the award and the amount shown below is after the saleof 601 shares at 292p per share.These shares relate to share awards under the DAB Scheme which vested in March2003 and which, having been retained for a two-year period, were eligible formatching at the rate of one share for every five shares retained.Director Total number of ordinary shares Mr J. R. Atkinson 880 Dr W. Sondermann 1,695 The DAB Scheme was a bonus-related long-term incentive scheme, which theCompany operated for the last time in respect of the 1998 annual bonus. Therewill be no further awards under the DAB Scheme.The above named Directors notified Keller Group plc of their respectiveinterests in these shares on 10 March 2005. Following these awards, theirinterests in the ordinary shares of the Company are as follows:Director Total number of ordinary shares Mr J. R. Atkinson 44,329 Dr W. Sondermann 22,230 J. F. HolmanSecretaryENDKELLER GROUP PLCRelated Shares:
Keller