Billington Holdings PLC Awards under the Company's Deferred Bonus Plan
18 April 2024 - 9:13PM
RNS Regulatory News
RNS Number : 2016L
Billington Holdings PLC
18 April 2024
Billington Holdings Plc
("Billington" or the "Company" or
the "Group")
Awards under the Company's
Deferred Bonus Plan
Billington Holdings Plc (AIM: BILN), one of the
UK's leading structural steel and construction safety solutions
specialists, confirms today that following
the publication of the 2023 Annual Results, it has made the
following awards under the Deferred Bonus Plan. Under this plan the
Executive Directors receive a proportion of their bonus entitlement
in the form of an award of Ordinary Shares of 10p each in the
Company (''Ordinary
Shares"). These Ordinary Shares were previously and will
continue to be 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 grantee for nil consideration
subject to the rules of the Deferred Bonus Plan.
Mark Smith - award of 21,212
Ordinary Shares
Trevor Taylor - award of 15,909
Ordinary Shares
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
|
63,807
|
46,115
|
249,802
|
2.78%
|
|
Trevor Taylor
|
Chief Financial
Officer
|
52,513
|
34,586
|
187,351
|
2.12%
|
*Assumes future issuance satisfied from
ESOT
For
further information please contact:
|
Billington Holdings Plc
Mark Smith, Chief Executive
Officer
Trevor Taylor, Chief Financial
Officer
|
Tel: 01226 340 666
|
|
Cavendish Capital Markets Ltd - Nomad and
Broker
Ed Frisby / Charlie Beeson -
Corporate Finance
Andrew Burdis - ECM
|
Tel: 020 7220 0500
|
|
IFC
Advisory Limited
Tim Metcalfe
Graham Herring
Zach Cohen
|
Tel: 020 3934 6630
billington@investor-focus.co.uk
|
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/
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
|
Deferred Bonus Plan
award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
|
21,212
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Single transaction as in 4c) above
|
|
e)
|
Date of the transaction
|
17 April 2024
|
|
f)
|
Place of the transaction
|
Off market transaction
|
|
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 award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
|
15,909
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Single transaction as in 4c) above
|
|
e)
|
Date of the transaction
|
17 April 2024
|
|
f)
|
Place of the transaction
|
Off market transaction
|
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