Billington Holdings PLC Director Dealings (0743X)

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: [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 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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April 21, 2023 05:35 ET (09:35 GMT)