REG - Billington Holdings - Issue of Options

Billington HoldingsAnnouncement

30/04/2019 13:30

RNS Number : 5970X
Billington Holdings PLC
30 April 2019
 


30 April 2019
Billington Holdings Plc
("the Company" or "Billington")
Issue of Options
Director Dealings
 
The Company confirms today that, as part of its incentive programme for its Executive Directors, it has today granted options as set out below:
 
Mark Smith
 
The Company today has granted to Mark Smith an option pursuant to the rules of the Non Tax Advantaged Plan to acquire 4,689 of Ordinary Shares of £0.10 each in the Company at an exercise price of £nil per share ("Non-RTAP Options").
 
Following this grant, Mark Smith remains directly interested in 5,000 Ordinary Shares representing 0.039% of the Company and now holds total options over 46,542 Ordinary Shares in the Company.
 
Trevor Michael Taylor
 
The Company has today granted to Trevor Michael Taylor an option pursuant to the rules of the Non Tax Advantaged Plan to acquire 3,696 of Ordinary Shares of £0.10 each in the Company at an exercise price of nil per share ("Non-RTAP Options").
 
Following this grant, Trevor Michael Taylor is directly interested in 6,000 Ordinary Shares representing 0.046% of the Company and now holds total options over 44,078 Ordinary Shares in the Company.
 
The Non-RTAP Options can be exercised at any time between the third anniversary and the tenth anniversary of the date of grant of the Option, subject to the relevant employee remaining employed in the Company and otherwise at the discretion of the Board.
 
It is currently intended that the exercise of these options will be satisfied by the issue of shares from the Billington Employee Share Option Trust.
 
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


N/A




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


Issue of Options




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


4,689




 




d)


Aggregated information
-    Aggregated volume
-     Price


 
4,689                                                                                                                
Nil




e)


Date of the transaction


30 April 2019




f)


Place of the transaction


London Stock Exchange, AIM




 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Trevor Michael Taylor




2


Reason for the notification




a)


Position/status


Finance Director




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


N/A




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


Issue of Options




c)


Price(s) and volume(s)






Price(s)


Volume(s)




nil


3,696




 




d)


Aggregated information
-     Aggregated volume
-     Price


 
3,696                                                                                                             
Nil




e)


Date of the transaction


30 April 2019




f)


Place of the transaction


London Stock Exchange, AIM




 
 
 
 
 
 




For further information please contact:


 




 


 




Billington Holdings Plc                                                                 


Tel: 01226 340 666




Mark Smith, Chief Executive


 




Trevor Taylor, Finance Director


 




 


 




WH Ireland Limited                                                                       


Tel: 0161 819 8875




Katy Mitchell


 




James Sinclair-Ford


 




 


 




IFC Advisory Limited                                                                     


Tel: 020 3934 6630




Tim Metcalfe                                                    


 




Miles Nolan


 




Zach Cohen                       


 




 




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