REG - Billington Holdings - Trading by Employee Benefit Trust <Origin Href="QuoteRef">BILN.L</Origin>

Billington HoldingsAnnouncement

02/10/2017 13:00

RNS Number : 4333S
Billington Holdings PLC
02 October 2017
Billington Holdings Plc
("the Company" or "Billington")
Trading by Employee Benefit Trust
PDMR Holdings
The Company confirms that it has received notice that on 2nd October 2017, Ocorian Trustees (Jersey) Limited as trustees of the Billington Holdings ESOP Trust and as nominee on behalf of the underlying shareholders, have resolved to transfer all the shares they held in nominee to the underlying beneficial holders following their intention to close of the scheme.
Accordingly, the Ocorian trustees have disposed of 33,100 Ordinary Shares in the Company for nil consideration to the underlying shareholders. This includes a disposal of 14,000 to SGT Fareham, a non-executive director of the Company. The trustees now hold 7,800 Ordinary Shares, 0.060% of the total shareholding of the Company (being those held in the Trustees own name).
SGT Fareham, has confirmed that the Ocorian Trustees (Jersey) Limited have transferred the ownership of 14,000 Ordinary Shares for nil consideration to him and that, accordingly Mr Fareham now holds 17,603 Ordinary Shares representing 0.136% of the total shareholding of the Company.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Stephen Fareham
2 
Reason for the notification 
a) 
Position/status 
Non-Executive 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 
-
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 10 pence each in Billington Holdings plc
GB0000332667
b) 
Nature of the transaction 
Transfer of Shares (From nominees)
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
14,000
d) 
Aggregated information 
- Aggregated volume 
- Price 
14,000
nil
e) 
Date(s) of the transaction 
27 September 2017
f) 
Place of the transaction 
London Stock Exchange, AIM
Enquires:
Mark Smith/Trevor Taylor, Billington Holdings Plc Tel: +44 (0)1226 340 666
Katy Mitchell, WH Ireland LimitedTel: +44 (0)16 1832 2174
Tim Blythe, Megan Ray, BlytheweighTel: +44 (0)20 7138 3204

This information is provided by RNS
The company news service from the London Stock Exchange
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