REG - Billington Holdings - Long Term Incentive Plan

Billington HoldingsAnnouncement

23/12/2020 09:25

RNS Number : 6634J
  
Billington Holdings PLC
  
23 December 2020
  
 

Billington Holdings Plc
("Billington", the "Group" or the "Company")
 
Long Term Incentive Plan
 
The Company confirms today that its Remuneration Committee (the "Committee") has agreed the following awards under the Long Term Incentive Plan (the "Plan" or "LTIP").
 
Due to the current uncertainties that have arisen as a result of the global Coronavirus pandemic and more specifically the outcome for the current financial year, the specific financial performance criteria related to these awards will be determined by the Remuneration Committee during 2021.
 
The following awards of ordinary shares have been made in this round of the Plan:
 



Name


Position


Ordinary share options granted under the Plan - 2021


Other Ordinary Share Options
[ + 2020]


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


69,153


80,591


13,749


18,160


 149,744


1.404%




Trevor Michael Taylor


Chief Financial Officer


51,864


60,885


14,749


13,620


 112,749


1.091%



 
These shares will be satisfied from the Billington Holdings Plc Employee Share Ownership Trust and it is not anticipated any new shares will be issued to satisfy the award of shares under the Plan.
 
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details.
 
For further information please contact:
 
Billington Holdings Plc                                                                  Tel: 01226 340 666
Mark Smith, Chief Executive Officer
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       
                                               
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


Award under Long Term Incentive Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


69,153








d)


Aggregated information
-     Aggregated volume
-     Price


 
69,153
Nil




e)


Date of the transaction


23 December 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


Award under Long Term Incentive Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


51,864








d)


Aggregated information
-     Aggregated volume
-     Price


 
51,864
Nil




e)


Date of the transaction


23 December 2020




f)


Place of the transaction


Off Market



 

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 or visit 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.
 
  END
 
 
MSCFESSUDESSEEE