REG - Billington Holdings - Director Dealings

Billington HoldingsAnnouncement

05/05/2020 15:10

RNS Number : 0079M
  
Billington Holdings PLC
  
05 May 2020
  
 

5 May 2020
Billington Holdings Plc
("the Company" or "Billington")
 Awards under the Company's Deferred Bonus Plan/Non Tax Advantaged Plan ("Deferred Bonus Plan")
Director Dealings
 
 
The Company confirms today that, following the publication of the 2019 Report and Accounts, 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 ('Ordinary Shares"). These Ordinary Shares are held by the Company's Employee Share Ownership Trust 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 18,160 Ordinary Shares
 
Trevor Michael Taylor - award of 13,620 Ordinary Shares
 
Following the granting of these awards, the interests of the Executive Directors in Ordinary Shares are:
 




Name


Position


Total direct shareholding in BILN


Total %  direct Shareholding in BILN


Total Shares awarded under Deferred Bonus Plan


Total number of options held


Total Potential % Shareholding including options




Mark Smith


Chief Executive Officer


13,749


0.106%


18,160


89,591


0.87%




Trevor Michael Taylor


Chief Financial Officer


14,749


0.114%


13,620


60,885


0.69%




 
 
 
The following notifications, made in accordance with the requirements of the E U Market Abuse Regulation, gives further details.
 
 




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


Conditional Share Awards




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


18,160




 




d)


Aggregated information
-     Aggregated volume
-     Price


 
18,160                                                                                                                 Nil




e)


Date of the transaction


5 May 2020




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
 
Identification code


Ordinary shares of 10p each
 
 
GB0000332667




b)


Nature of the transaction


Conditional Share Awards




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


13,620




 




d)


Aggregated information
-     Aggregated volume
-     Price


 
13,620                                                                                                             Nil




e)


Date of the transaction


5 May 2020




f)


Place of the transaction


Off market




 
 
                                              
 
For further information please contact:
 
Billington Holdings Plc                                                                  Tel: 01226 340 666
Mark Smith, Chief Executive
Trevor Taylor, Chief Financial Officer
 
WH Ireland Limited                                                                        Tel: 020 7220 1666
Chris Hardie
James Sinclair-Ford
Jasper Berry
IFC Advisory Limited                                                                      Tel: 020 3934 6630
Tim Metcalfe
Graham Herring
Zach Cohen


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