Billington Holdings PLC Awards under the Company's Deferred Bonus Plan (0734X)

TIDMBILN

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 f ollowing 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     Total shares      Total number   Total potential 
                               shareholding     outstanding         of LTIP      %* shareholding 
                                in Company     under Deferred       options         including 
                                              Bonus Plan (held       held            options 
                                                  in ESOT) 
 Mark       Chief Executive 
  Smith          Officer         19,554           43,396           318,955           2.95% 
            ----------------  -------------  -----------------  -------------  ----------------- 
 Trevor     Chief Financial 
  Taylor         Officer         19,323           32,547           239,215           2.25% 
            ----------------  -------------  -----------------  -------------  ----------------- 
 

*Assumes future issuance satisfied from ESOT

For further information please contact:

 
 Billington Holdings Plc                  Tel: [phone] 
 
 Mark Smith, Chief Executive 
 Trevor Taylor, Chief Financial 
  Officer 
 
 finnCap Limited - Nomad and Broker       Tel: [phone] 
 
 Ed Frisby / Charlie Beeson - Corporate 
  Finance 
 Andrew Burdis / Barney Hayward 
  - ECM 
 
 IFC Advisory Limited                     Tel: [phone] 
                                          [e-mail] 
 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 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 
     -----------------------------  ---------------------------------------- 
 
 
 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/          Initial Notification 
       Amendment 
     -----------------------------  ---------------------------------------- 
 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,           Ordinary Shares of 10p each 
       type of instrument 
       Identification code             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 
     -----------------------------  ---------------------------------------- 
 

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April 21, 2023 05:28 ET (09:28 GMT)