REG - Billington Holdings - Director Dealings

Billington HoldingsAnnouncement

22/04/2024 09:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240422:nRSV4981La&default-theme=true

RNS Number : 4981L  Billington Holdings PLC  22 April 2024

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 215,878 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"). 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 22 July 2022 in respect of
123,359 Ordinary Shares at nil consideration. 57,979 Ordinary Shares were sold
to cover associated tax and National Insurance liabilities.

Trevor Taylor

Trevor Taylor has exercised the LTIP option granted on 22 July 2022 in respect
of 92,519 Ordinary Shares at nil consideration. 43,484 Ordinary Shares were
sold to cover associated tax and National Insurance liabilities.

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  129,187                               46,115                                                             126,443                            2.33%
 Trevor Taylor  Chief Financial Officer  101,548                               34,586                                                             94,832                             1.79%

*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

                                                                  Ordinary Shares of 10p each

     Identification code

                                                                  GB0000332667
 b)  Nature of the transaction                                    Exercise of LTIP options & sale of shares

 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Nil cost    123,359 exercised

                                                                  478.2581p   57,979 sold
 d)  Aggregated information

     -  Aggregated volume                                         123,359 exercised at nil cost.

     -  Price                                                     57,979 sold for £277,289.26
 e)  Date of the transaction                                      18 April 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-  Aggregated volume

-  Price

 

123,359 exercised at nil cost.

57,979 sold for £277,289.26

e)

Date of the transaction

18 April 2024

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    92,519 exercised

                                                                  478.2581p   43,484 sold
 d)  Aggregated information

     -  Aggregated volume                                         92,519 exercised at nil cost.

     -  Price                                                     43,484 sold for £207,965.75
 e)  Date of the transaction                                      18 April 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-  Aggregated volume

-  Price

 

92,519 exercised at nil cost.

43,484 sold for £207,965.75

e)

Date of the transaction

18 April 2024

f)

Place of the transaction

London Stock Exchange

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGIGDSDBDDGSD