For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230421:nRSU0734Xa&default-theme=true
RNS Number : 0734X Billington Holdings PLC 21 April 2023
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 2022 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 24,903 Ordinary Shares
Trevor Taylor - award of 18,677 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 19,554 43,396 318,955 2.95%
Trevor Taylor Chief Financial Officer 19,323 32,547 239,215 2.25%
*Assumes future issuance satisfied from ESOT
For further information please contact:
Billington Holdings Plc Tel: 0122 634 0666
Mark Smith, Chief Executive
Trevor Taylor, Chief Financial Officer
finnCap Limited - Nomad and Broker Tel: 020 7220 0500
Ed Frisby / Charlie Beeson - Corporate Finance
Andrew Burdis / Barney Hayward - ECM
IFC Advisory Limited Tel: 0203 934 6630
billington@investor-focus.co.uk
Tim Metcalfe
Graham Herring
Zach Cohen
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/
(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
Ordinary Shares of 10p each
Identification code
GB0000332667
b) Nature of the transaction Deferred Bonus Plan award
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 24,903
d) Aggregated information
- Aggregated volume Single transaction as in 4c) above
- Price
e) Date of the transaction 20 April 2023
f) Place of the transaction Off market transaction
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as in 4c) above
e)
Date of the transaction
20 April 2023
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 18,677
d) Aggregated information
- Aggregated volume Single transaction as in 4c) above
- Price
e) Date of the transaction 20 April 2023
f) Place of the transaction Off market transaction
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as in 4c) above
e)
Date of the transaction
20 April 2023
f)
Place of the transaction
Off market transaction
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHGCGDSLDDDGXB