REG - Billington Holdings - Closure of the Yate Facility

Billington HoldingsAnnouncement

Tue 13:30

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RNS Number : 9511I  Billington Holdings PLC  25 November 2025

25 November 2025
Billington Holdings Plc

 

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

 

Closure of the Yate Facility

 

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, announces, further to the
announcement on 14 October 2025, that the Company has now completed the
evaluation of a number of options regarding the restructuring of its
structural steel operations and has concluded that the Group's Yate facility
in Bristol will be closed.  The Group's structural steel operations will
therefore be consolidated at Billington's Wombwell and Shafton sites in
Barnsley, local to all other Group operations.

 

Following the previously announced consultation with the affected employees at
Yate, which has now concluded, a proportion of them will be transferred to the
Group's Barnsley facilities in early 2026.  In addition, new staff have
joined the Group at the two Barnsley facilities and a further expansion of
night shifts will mitigate the loss of capacity at Yate.  The Yate production
facility will largely cease operation by the end of 2025 with the technical
office, located at Yate, remaining unaffected.

 

The consolidation at Barnsley will provide the Group with the flexibility to
more closely align operational capacity with market demand, together with
reducing overheads and delivering significant cost and operational
efficiencies.  Recent capital investments at the two Barnsley facilities have
allowed for an increase in productive output and the transfer of machinery
from Yate will reduce the requirement for future capital expenditure.  The
Company will now also explore options to maximise the value of the Yate site.

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

For further information please contact:

 Billington Holdings Plc                             Tel: 01226 340 666

 Mark Smith, Chief Executive Officer

 Trevor Taylor, Chief Operating Officer

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

 Ed Frisby / Trisyia Jamaludin - 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/)

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