REG - Billington Holdings - Director/PDMR Dealings
24/04/2026 12:45
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260424:nRSX8767Ba&default-theme=true
RNS Number : 8767B Billington Holdings PLC 24 April 2026
Billington Holdings Plc
("Billington" or the "Company" or the "Group")
Director/PDMR Dealings
Exercise of options under the Company's Long Term Incentive Plan and exercise
of awards under the Deferred Bonus Plan
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, confirms the exercise of
share options over ordinary shares of 10p each in the Company ("Ordinary
Shares") pursuant to the rules of Long Term Incentive Plan ("LTIP") and the
exercise of awards under the under the Deferred Bonus Plan ("DBP") by the
following Company Executive Directors, who are Persons Discharging Managerial
Responsibility (PDMRs) under the UK Market Abuse Regulation (MAR).
The exercise of LTIP options and DBP awards has been satisfied by way of
transfer from the Employee Share Ownership Trust ("ESOT"). The effect of the
transactions is that the Executive Directors retain the maximum number of
Billington Ordinary Shares arising, after a proportion of such shares were
then sold to cover the associated tax and National Insurance liabilities.
Long Term Incentive Plan awards (the "Plan" or "LTIP")
The Performance period for the options under the Plan was the three
consecutive financial years, starting on 1 January 2023 and ending 31 December
2025 with the performance condition for this award requiring the Group to
achieve a cumulative statutory underlying Profit Before Tax (PBT) range of
£25 million (25% vests), with vesting increasing on a straight line basis up
to £31million (100% vests), for the three years.
66.21% of the performance condition was achieved and 66.21% of options under
this Plan have therefore vested.
The following Executive Directors/PDMRs have exercised options under this
Plan:
Mark Smith
Mark Smith has exercised LTIP options in respect of 44,672 Ordinary Shares at
nil consideration. 20,996 Ordinary Shares were sold to cover associated tax
and National Insurance liabilities.
Trevor Taylor
Trevor Taylor has exercised LTIP options in respect of 36,695 Ordinary Shares
at nil consideration. 17,247 Ordinary Shares were sold to cover associated tax
and National Insurance liabilities.
Dave Jones
Dave Jones has exercised LTIP Options in respect of 5,202 Ordinary Shares at
nil consideration. 2,445 Ordinary Shares were sold to cover associated tax and
National Insurance liabilities.
Exercise of Awards under the Company's Deferred Bonus Plan ("DBP")
Under the DBP, the Executive Directors receive a portion of their bonus
entitlement in the form of an award of Ordinary Shares. These Ordinary Shares
are 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 awardee for nil consideration subject to the rules
of the Deferred Bonus Plan.
The following Executive Directors/PDMRs have exercised DBP awards received in
respect of financial year 2022 bonuses:
Mark Smith
Mark Smith has exercised DBP awards in respect of 29,267 Ordinary Shares at
nil consideration. 13,755 Ordinary Shares were sold to cover associated tax
and National Insurance liabilities.
Trevor Taylor
Trevor Taylor has exercised DBP awards in respect of 21,950 Ordinary Shares at
nil consideration. 10,316 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 Total direct shareholding in the Company Total shareholding under Deferred Bonus Plan (DBP) (held in ESOT) Total number of LTIP options held Total number of SAYE Scheme options held Total potential % shareholding including DBP shares, LTIP options and SAYE
Scheme options*
Mark Smith 240,562 51,280 221,185 2,973 3.9%
Trevor Taylor 188,063 40,584 182,022 2,973 3.1%
David Jones 8,705 1,006 32,319 2,973 0.3%
*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 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 - Corporate Broking
IFC Advisory Limited Tel: 020 3934 6632
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 1. Exercise of Options under LTIP
2. Exercise of Award under Deferred Bonus Plan
3. Sale of Ordinary Shares
4. Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 44,672
2. Nil 29,267
3. 390 p 20,996
4. 390 p 13,755
d) Aggregated information As above
- Aggregated volume
- Price
e) Date of the transaction 21 April 2026
f) Place of the transaction 1,2 Off Market
3,4 London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
21 April 2026
f)
Place of the transaction
1,2 Off Market
3,4 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 Operating 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 1. Exercise of Options under LTIP
2. Exercise of Award under Deferred Bonus Plan
3. Sale of Ordinary Shares
4. Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 36,695
2. Nil 21,950
3. 390 p 17,247
4. 390 p 10,316
d) Aggregated information As above
- Aggregated volume
- Price
e) Date of the transaction 21 April 2026
f) Place of the transaction 1, 2 Off Market
3,4 London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
21 April 2026
f)
Place of the transaction
1, 2 Off Market
3,4 London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David Andrew Jones
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 1. Exercise of Options under LTIP
2. Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 5,202
2. 390 p 2,445
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 21 April 2026
f) Place of the transaction 1 Off Market
2 London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
21 April 2026
f)
Place of the transaction
1 Off Market
2 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 DSHUSUARNWUSUAR
Copyright 2019 Regulatory News Service, all rights reservedRecent news on Billington Holdings
See all newsREG - Billington Holdings - Director/PDMR Dealings
AnnouncementREG - Billington Holdings - Director/PDMR Dealings
AnnouncementREG - Billington Holdings - Results for the year ended 31 December 2025
AnnouncementREG - Billington Holdings - Contract Wins & Notice of Results
AnnouncementREG - Billington Holdings - Grant of SAYE Options and PDMR Dealings
Announcement