Billington Holdings PLC Issue of Options (5970X)

TIDMBILN

RNS Number : 5970X

Billington Holdings PLC

30 April 2019

30 April 2019

Billington Holdings Plc

("the Company" or "Billington")

Issue of Options

Director Dealings

The Company confirms today that, as part of its incentive programme for its Executive Directors, it has today granted options as set out below:

Mark Smith

The Company today has granted to Mark Smith an option pursuant to the rules of the Non Tax Advantaged Plan to acquire 4,689 of Ordinary Shares of GBP0.10 each in the Company at an exercise price of GBPnil per share ("Non-RTAP Options").

Following this grant, Mark Smith remains directly interested in 5,000 Ordinary Shares representing 0.039% of the Company and now holds total options over 46,542 Ordinary Shares in the Company.

Trevor Michael Taylor

The Company has today granted to Trevor Michael Taylor an option pursuant to the rules of the Non Tax Advantaged Plan to acquire 3,696 of Ordinary Shares of GBP0.10 each in the Company at an exercise price of nil per share ("Non-RTAP Options").

Following this grant, Trevor Michael Taylor is directly interested in 6,000 Ordinary Shares representing 0.046% of the Company and now holds total options over 44,078 Ordinary Shares in the Company.

The Non-RTAP Options can be exercised at any time between the third anniversary and the tenth anniversary of the date of grant of the Option, subject to the relevant employee remaining employed in the Company and otherwise at the discretion of the Board.

It is currently intended that the exercise of these options will be satisfied by the issue of shares from the Billington Employee Share Option Trust.

The following notifications, made in accordance with the requirements of the E U Market Abuse Regulation, gives further details.

 
 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                                                               N/A 
     ----------------------------------------------------------------  ----------------------------- 
 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                                         Issue of Options 
     ----------------------------------------------------------------  ----------------------------- 
 c)   Price(s) and volume(s)                                             Price(s)    Volume(s) 
                                                                          nil         4,689 
                                                                                     ---------- 
     ----------------------------------------------------------------  ----------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                           4,689 
                                                                          Nil 
 
         *    Price 
     ----------------------------------------------------------------  ----------------------------- 
 e)   Date of the transaction                                           30 April 2019 
     ----------------------------------------------------------------  ----------------------------- 
 f)   Place of the transaction                                          London Stock Exchange, AIM 
     ----------------------------------------------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                              Trevor Michael Taylor 
     ----------------------------------------------------------------  ----------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                   Finance Director 
     ----------------------------------------------------------------  ----------------------------- 
 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                                                               N/A 
     ----------------------------------------------------------------  ----------------------------- 
 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                                         Issue of Options 
     ----------------------------------------------------------------  ----------------------------- 
 c)   Price(s) and volume(s)                                             Price(s)    Volume(s) 
                                                                          nil         3,696 
                                                                                     ---------- 
     ----------------------------------------------------------------  ----------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                           3,696 
                                                                          Nil 
 
         *    Price 
     ----------------------------------------------------------------  ----------------------------- 
 e)   Date of the transaction                                           30 April 2019 
     ----------------------------------------------------------------  ----------------------------- 
 f)   Place of the transaction                                          London Stock Exchange, AIM 
     ----------------------------------------------------------------  ----------------------------- 
 
 
 For further information please 
  contact: 
 
 Billington Holdings Plc           Tel: [phone] 
 Mark Smith, Chief Executive 
 Trevor Taylor, Finance Director 
 
 WH Ireland Limited                Tel: [phone] 
 Katy Mitchell 
 James Sinclair-Ford 
 
 IFC Advisory Limited              Tel: [phone] 
 Tim Metcalfe 
 Miles Nolan 
 Zach Cohen 
 

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 [e-mail] or visit www.rns.com.

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April 30, 2019 08:27 ET (12:27 GMT)