REG - Billington Holdings - Director Dealings

Billington HoldingsAnnouncement

21/04/2023 10:45

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RNS Number : 0743X  Billington Holdings PLC  21 April 2023

Billington Holdings Plc

 

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

 

Director Dealings

 

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, confirms that share options
over 113,756 ordinary shares of 10p each in the Company ("Ordinary Shares")
have been exercised pursuant to the rules of Long Term Incentive Plan ("LTIP")
by two executive Directors and will be satisfied by way of transfer from the
Employee Share Ownership Trust ("ESOT"). In addition, 32,363 Ordinary Shares
have been released from the ESOT to the same two executive Directors pursuant
to the Deferred Bonus Plan. The effect of the transactions will be that the
executive Directors will retain the maximum number of Billington Ordinary
Shares arising, after a proportion of such shares are sold to cover the
associated tax and National Insurance liabilities.

 

Mark Smith

Mark Smith has exercised the LTIP option granted on 23 December 2020 in
respect of 65,003 Ordinary Shares and a further 18,493 Ordinary Shares have
been released to him pursuant to the Deferred Bonus Plan granted on 19 August
2019, both at nil consideration. Mark Smith sold in total 39,243 Ordinary
Shares.

Trevor Taylor

Trevor Taylor has exercised the LTIP option granted on 23 December 2020 in
respect of 48,753 Ordinary Shares and a further 13,870 Ordinary Shares have
been released to him pursuant to the Deferred Bonus Plan granted on 19 August
2019, both at nil consideration. Trevor Taylor sold in total 29,433 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                                24,903                                                             249,802                            2.62%
 Trevor Taylor  Chief Financial Officer  52,513                                18,677                                                             187,351                            2.00%

*Assumes future issuance satisfied from ESOT

 

For further information please contact:

 

 Billington Holdings Plc                         Tel: 0122 634 0666

 Mark Smith, Chief Executive
 Trevor Taylor, Chief Financial Officer

 finnCap Limited - Nomad and Broker              Tel: 020 7220 0500

 Ed Frisby / Charlie Beeson - Corporate Finance
 Andrew Burdis / Barney Hayward - ECM

 IFC Advisory Limited                            Tel: 0203 934 6630
                                                 billington@investor-focus.co.uk
 Tim Metcalfe
 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                                    Deferred Bonus Plan transfer, exercise of options & sale of shares

 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  Nil cost   65,003 exercised

                                                                  Nil cost   18,493 transferred

                                                                  395.969p   39,243 sold
 d)  Aggregated information

     -  Aggregated volume                                         65,003 exercised at nil cost.

     -  Price                                                     18,493 transferred at nil cost.

                                                                  39,243 sold for £155,390.11.
 e)  Date of the transaction                                      20 April 2023
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-  Aggregated volume

-  Price

 

65,003 exercised at nil cost.

18,493 transferred at nil cost.

39,243 sold for £155,390.11.

e)

Date of the transaction

20 April 2023

f)

Place of the transaction

London Stock Exchange

 

 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 transfer, exercise of options & sale of shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  Nil cost   48,753 exercised

                                                                  Nil cost   13,870 transferred

                                                                  395.969p   29,433 sold
 d)  Aggregated information                                        65,003 exercised at nil cost.

     -  Aggregated volume                                         18,493 transferred at nil cost.

     -  Price                                                     29,433 sold for £116,545.56.
 e)  Date of the transaction                                      20 April 2023
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-  Aggregated volume

-  Price

 65,003 exercised at nil cost.

18,493 transferred at nil cost.

29,433 sold for £116,545.56.

e)

Date of the transaction

20 April 2023

f)

Place of the transaction

London Stock Exchange

 

 

 

 

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