REG - Billington Holdings - Awards under the Company's Deferred Bonus Plan

Billington HoldingsAnnouncement

18/04/2024 12:15

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RNS Number : 2016L  Billington Holdings PLC  18 April 2024

Billington Holdings Plc

 

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

 

Awards under the Company's Deferred Bonus Plan

 

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, confirms today that following
the publication of the 2023 Annual Results, it has made the following awards
under the Deferred Bonus Plan. Under this plan the Executive Directors receive
a proportion of their bonus entitlement in the form of an award of Ordinary
Shares of 10p each in the Company (''Ordinary Shares"). These Ordinary Shares
were previously and will continue to be held by the Company's Employee Share
Ownership Trust ("ESOT") for a period of three years from the date of award.
At the end of this period the Ordinary Shares are released to the grantee for
nil consideration subject to the rules of the Deferred Bonus Plan.

 

Mark Smith - award of 21,212 Ordinary Shares

Trevor Taylor - award of 15,909 Ordinary Shares

Following the above transactions, the interests of the executive Directors in
Ordinary Shares are:

 Director       Position                 Total direct shareholding in Company  Total shares outstanding under Deferred Bonus Plan (held in ESOT)  Total number of LTIP options held  Total potential %* shareholding including options
 Mark Smith     Chief Executive Officer  63,807                                46,115                                                             249,802                            2.78%
 Trevor Taylor  Chief Financial Officer  52,513                                34,586                                                             187,351                            2.12%

*Assumes future issuance satisfied from ESOT

 

 

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 / Charlie Beeson - Corporate Finance

 Andrew Burdis - ECM
 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

      Identification code                                         Ordinary Shares of 10p each

                                                                    GB0000332667

 b)  Nature of the transaction                                    Deferred Bonus Plan award
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil cost  21,212

 d)  Aggregated information

     -  Aggregated volume                                         Single transaction as in 4c) above

     -  Price
 e)  Date of the transaction                                      17 April 2024
 f)  Place of the transaction                                     Off market transaction

d)

Aggregated information

-  Aggregated volume

-  Price

 

Single transaction as in 4c) above

e)

Date of the transaction

17 April 2024

f)

Place of the transaction

Off market transaction

 

 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

     Identification code                                          Ordinary Shares of 10p each

                                                                  GB0000332667
 b)  Nature of the transaction                                    Deferred Bonus Plan award
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil cost  15,909
 d)  Aggregated information

     -  Aggregated volume                                         Single transaction as in 4c) above

     -  Price
 e)  Date of the transaction                                      17 April 2024
 f)  Place of the transaction                                     Off market transaction

d)

Aggregated information

-  Aggregated volume

-  Price

 

Single transaction as in 4c) above

e)

Date of the transaction

17 April 2024

f)

Place of the transaction

Off market transaction

 

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