REG - Billington Holdings - Awards under Company’s Long Term Incentive Plan

Billington HoldingsAnnouncement

23/04/2025 14:30

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RNS Number : 9055F  Billington Holdings PLC  23 April 2025

Billington Holdings Plc

(the "Company" or "Billington" or the "Group")

Awards under the Company's Long Term Incentive Plan

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, confirms that its Remuneration
Committee (the "Committee") has agreed the following awards under the Long
Term Incentive Plan (the "Plan" or "LTIP").

 

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 full vesting will only occur should
profitability targets be achieved during the performance period of the award.

 

The awards which have been made under the Plan, relate to the period being
financial years 2025 to 2027. The performance criteria for this award requires
the Group to achieve a cumulative statutory unadjusted Profit Before Tax (PBT)
range of £30 million (25% vests) to £40 million (100% vests), for the three
years.

 

The following awards have been made in this round of the Plan:

 

 Name           Position                 Ordinary share LTIP options granted under the Plan - 2025-  Total number of LTIP options held  Total Ordinary Shareholding in BILN (excluding those held in DBP)     Total shares held under Deferred Bonus Plan ("DBP") (held in ESOT)  Total potential %* shareholding including LTIP options and DBP shares

                                         2027
 Mark Smith     Chief Executive Officer  90,000                                                      335,765                            129,187                                                               71,195                                                              4.02%

 Trevor Taylor  Chief Financial Officer  71,429                                                      264,276                            101,548                                                               55,187                                                              3.16%

 For further information please contact:

 Billington Holdings Plc                                                                                                                                                   Tel: 01226 340 666

 Mark Smith, Chief Executive Officer

 Trevor Taylor, Chief Financial Officer
 Cavendish Capital Markets Ltd - Nomad and Broker                                                                                                                          Tel: 020 7220 0500

 Ed Frisby / Trisyia Jamaludin - Corporate Finance

 Andrew Burdis - Corporate Broking
 IFC Advisory Limited                                                                                                                                                      Tel: 020 3934 6630

 Tim Metcalfe                                                                                                                                                              billington@investor-focus.co.uk

 Graham Herring

 Zach Cohen

About Billington Holdings plc

Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, is a UK based Group of
companies focused on structural steel and engineering activities throughout
the UK and European markets. Group companies pride themselves on the provision
of high technical and professional standards of service to niche markets with
emphasis on building strong, trusted and long-standing partnerships with all
of our clients. https://billington-holdings.plc.uk/
(https://billington-holdings.plc.uk/)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 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

                                                                  Ordinary Shares of 10p each

     Identification code

                                                                  GB0000332667
 b)  Nature of the transaction                                    Award under Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)                                                          Volume(s)

                                                                  Nil                                                               90000
 d)  Aggregated information

     - Aggregated volume                                          90000

     - Price                                                      Nil
 e)  Date of the transaction                                      17 April 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

- Price

 

90000

Nil

e)

Date of the transaction

17 April 2025

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 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

                                                                  Ordinary Shares of 10p each

     Identification code

                                                                  GB0000332667
 b)  Nature of the transaction                                    Award under Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil        71,429

 d)  Aggregated information

     - Aggregated volume                                          71,429

     - Price                                                      Nil
 e)  Date of the transaction                                      17 April 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

- Price

 

71,429

Nil

e)

Date of the transaction

17 April 2025

f)

Place of the transaction

Off Market

 

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