Billington Holdings PLC Director Dealings (0743X)
April 21 2023 - 5:35AM
UK Regulatory
TIDMBILN
RNS Number : 0743X
Billington Holdings PLC
21 April 2023
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 113,756 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 "). In addition, 32,363
Ordinary Shares have been released from the ESOT to the same two
executive Directors pursuant to the Deferred Bonus Plan. 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 23 December
2020 in respect of 65,003 Ordinary Shares and a further 18,493
Ordinary Shares have been released to him pursuant to the Deferred
Bonus Plan granted on 19 August 2019, both at nil consideration.
Mark Smith sold in total 39,243 Ordinary Shares.
Trevor Taylor
Trevor Taylor has exercised the LTIP option granted on 23
December 2020 in respect of 48,753 Ordinary Shares and a further
13,870 Ordinary Shares have been released to him pursuant to the
Deferred Bonus Plan granted on 19 August 2019, both at nil
consideration. Trevor Taylor sold in total 29,433 Ordinary
Shares.
Following the above transactions, the interests of the executive
Directors in Ordinary Shares are:
Director Position Total direct Total shares Total number Total potential
shareholding outstanding of LTIP %* shareholding
in Company under Deferred options including
Bonus Plan held options
(held in ESOT)
Mark Chief Executive
Smith Officer 63,807 24,903 249,802 2.62%
---------------- ------------- --------------- ------------- -----------------
Trevor Chief Financial
Taylor Officer 52,513 18,677 187,351 2.00%
---------------- ------------- --------------- ------------- -----------------
*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/
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Mark Smith
---------------------------- -----------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------- -----------------------------------------
b) Initial notification/ Initial Notification
Amendment
---------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Billington Holdings Plc
---------------------------- -----------------------------------------
b) LEI 213800MUHLXWQQ6MEN67
---------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated for
4 (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, Ordinary Shares of 10p each
type of instrument
Identification code 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 65,003 exercised
Nil cost 18,493 t ransferred
395.969p 39,243 sold
---------------------
---------------------------- -----------------------------------------
d) Aggregated information
* Aggregated volume 65,003 exercised at nil cost.
18,493 t ransferred at nil cost.
39,243 sold for GBP155,390.11.
* Price
---------------------------- -----------------------------------------
e) Date of the transaction 20 April 2023
---------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange
---------------------------- -----------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Trevor Michael Taylor
---------------------------- -----------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------- -----------------------------------------
b) Initial notification/ Initial Notification
Amendment
---------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Billington Holdings Plc
---------------------------- -----------------------------------------
b) LEI 213800MUHLXWQQ6MEN67
---------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated for
4 (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, Ordinary Shares of 10p each
type of instrument
Identification code 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 48,753 exercised
Nil cost 13,870 t ransferred
395.969p 29,433 sold
---------------------
---------------------------- -----------------------------------------
d) Aggregated information 65,003 exercised at nil cost.
* Aggregated volume 18,493 t ransferred at nil cost.
29,433 sold for GBP116,545.56.
* Price
---------------------------- -----------------------------------------
e) Date of the transaction 20 April 2023
---------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange
---------------------------- -----------------------------------------
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END
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