Billington Holdings PLC Director Dealings
22 April 2024 - 6:13PM
RNS Regulatory News
RNS Number : 4981L
Billington Holdings PLC
22 April 2024
Billington Holdings Plc
("Billington" or the "Company" or
the "Group")
Director Dealings
Billington Holdings Plc (AIM: BILN), one of the
UK's leading structural steel and construction safety solutions
specialists, confirms that share options over 215,878 ordinary
shares of 10p each in the Company ("Ordinary Shares")
have been exercised pursuant to the rules of Long Term Incentive
Plan ("LTIP") by two
executive Directors and will be satisfied by way of transfer from
the Employee Share Ownership Trust ("ESOT"). The effect
of the transactions will be that the executive Directors will
retain the maximum number of Billington Ordinary Shares arising,
after a proportion of such shares are sold to cover the associated
tax and National Insurance liabilities.
Mark Smith
Mark Smith has exercised the LTIP option
granted on 22 July 2022 in respect of 123,359
Ordinary Shares at nil consideration. 57,979 Ordinary Shares
were sold to cover associated tax and National Insurance
liabilities.
Trevor Taylor
Trevor Taylor has exercised the LTIP option
granted on 22 July 2022 in respect of 92,519 Ordinary Shares at nil
consideration. 43,484 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
|
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
|
129,187
|
46,115
|
126,443
|
2.33%
|
|
Trevor Taylor
|
Chief Financial
Officer
|
101,548
|
34,586
|
94,832
|
1.79%
|
*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
|
Exercise of LTIP options & sale
of shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
478.2581p
|
123,359 exercised
57,979 sold
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
123,359 exercised at
nil cost.
57,979 sold for £277,289.26
|
|
e)
|
Date of the transaction
|
18 April 2024
|
|
f)
|
Place of the transaction
|
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 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 transfer,
exercise of options & sale of shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
478.2581p
|
92,519 exercised
43,484 sold
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
92,519
exercised at nil cost.
43,484 sold for £207,965.75
|
|
e)
|
Date of the transaction
|
18 April 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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