Billington Holdings - Director/PDMR Dealings
23/04/2026 07:00
RNS Number : 5416B
Billington Holdings PLC
23 April 2026
Billington Holdings Plc
("Billington" or the "Company" or the "Group")
Director/PDMR Dealings
Awards under the Company's Long Term Incentive Plan and the Deferred Bonus Plan
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, confirms that, following the publication of the 2025 Annual Results, the following awards are made under the Long-Term Incentive Plan and under the Deferred Bonus Plan to the Company's Executive Directors, who are Persons Discharging Managerial Responsibility (PDMRs) under the UK Market Abuse Regulation (MAR).
Long Term Incentive Plan awards (the "Plan" or "LTIP")
The following awards have been awarded under the LTIP to the Executive Directors. The objective of the Plan is to ensure that the strategic objectives of the Company align with those of the senior management and that the structure of the overall remuneration package assists in maximising shareholder value.
The performance criteria for these LTIP awards over ordinary shares of 10p each in the Company ("Ordinary Shares") specifically relates to the profitability of the Company. The awards will vest three years from award date subject to meeting profitability targets with full vesting only occurring should the profitability targets be achieved during the performance period of the award.
The awards which have been made under the Plan, relate to the financial years 2026 to 2028. The performance criteria for this award requires the Group to achieve a cumulative statutory underlying Profit Before Tax (PBT) range of £27 million (25% vests), with vesting increasing on a straight line basis up to £37 million (100% vests), for the three years.
The following Persons Discharging Managerial Responsibility (PDMRs) have received awards under this Plan.
| PDMR | Title | Number of Options |
| Mark Smith | Chief Executive Officer | 79,333 |
| Trevor Taylor | Chief Operating Officer | 68,000 |
| David Jones | Chief Financial Officer | 20,148 |
| PDMR | Title | Number of Ordinary Shares |
| Mark Smith | Chief Executive Officer | 4,987 |
| Trevor Taylor | Chief Operating Officer | 4,074 |
| David Jones | Chief Financial Officer | 1,006 |
| Director | Total direct shareholding in the Company | Total shareholding under Deferred Bonus Plan (DBP) (held in ESOT) | Total number of LTIP options held | Total number of SAYE Scheme options held | Total potential% shareholding including DBP shares, LTIP options and SAYE Scheme options* |
| Mark Smith | 201,374 | 76,182 | 288,655 | 2,973 | 4.3% |
| Trevor Taylor | 156,981 | 59,261 | 237,444 | 2,973 | 3.4% |
| David Jones | 5,948 | 1,006 | 40,176 | 2,973 | 0.4% |
| Billington Holdings Plc Mark Smith, Chief Executive Officer Trevor Taylor, Chief Operating Officer Dave Jones, Chief Financial Officer | Tel: 01226 340 666 |
| Cavendish Capital Markets Ltd - Nomad and Broker Ed Frisby / Trisyia Jamaludin - Corporate Finance Andrew Burdis - Corporate Broking | Tel: 020 7220 0500 |
| IFC Advisory Limited Tim Metcalfe Graham Herring Zach Cohen | Tel: 020 3934 6632 billington@investor-focus.co.uk |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Mark Smith | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Billington Holdings Plc | ||||
| b) | LEI | 213800MUHLXWQQ6MEN67 | ||||
| 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, type of instrument Identification code | Ordinary Shares of 10p each GB0000332667 | ||||
| b) | Nature of the transaction | 1. Award of Options under LTIP 2. Award of Ordinary Shares under Deferred Bonus Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Two transactions as in 4c) above 84,320 Nil | ||||
| e) | Date of the transaction | 21 April 2026 | ||||
| f) | Place of the transaction | Off Market | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Trevor Michael Taylor | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Operating Officer | ||
| b) | Initial notification/ Amendment | Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Billington Holdings Plc | ||
| b) | LEI | 213800MUHLXWQQ6MEN67 | ||
| 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, type of instrument Identification code | Ordinary Shares of 10p each GB0000332667 | ||
| b) | Nature of the transaction | 1. Award of Options under LTIP 2. Award of Ordinary Shares under Deferred Bonus Plan | ||
| c) | Price(s) and volume(s) |
| ||
| d) | Aggregated information - Aggregated volume - Price | Two transactions as in 4c) above 72,074 Nil | ||
| e) | Date of the transaction | 21 April 2026 | ||
| f) | Place of the transaction | Off Market | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | David Andrew Jones | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Financial Officer | ||
| b) | Initial notification/ Amendment | Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Billington Holdings Plc | ||
| b) | LEI | 213800MUHLXWQQ6MEN67 | ||
| 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, type of instrument Identification code | Ordinary Shares of 10p each GB0000332667 | ||
| b) | Nature of the transaction | 1. Award of Options under LTIP 2. Award of Ordinary Shares under Deferred Bonus Plan | ||
| c) | Price(s) and volume(s) |
| ||
| d) | Aggregated information - Aggregated volume - Price | 21,154 Nil | ||
| e) | Date of the transaction | 21 April 2026 | ||
| f) | Place of the transaction | Off Market | ||