Billington Holdings PLC Trading by Employee Benefit Trust (2516H)

TIDMBILN

RNS Number : 2516H

Billington Holdings PLC

06 June 2017

6 June 2017

Billington Holdings Plc

("the Company" or "Billington")

Trading by Employee Benefit Trust

PCA Holdings

The Company confirms that it has received notice that on 2 June 2017, Ocorian Trustees (Jersey) Limited as trustees of the Billington Holdings ESOP Trust disposed of 185,919 Ordinary Shares for nil consideration, accordingly Ocorian Trustees (Jersey) Limited, as trustee of the Billington Holdings ESOP Trust now holds nil Ordinary Shares representing 0% of the total issued share capital of the Company.

At the same time, the Company has received notice that on the same date, Ocorian Trustees (Jersey) Limited, as trustee for the Billington Holdings Plc Employee Share Ownership Trust has acquired 185,919 Ordinary Shares in the Company, for nil consideration, and accordingly now holds 885,919 Ordinary Shares in the Company which represents 6.849% of the issued share capital.

The Company is aware that Ocorian Trustees (Jersey) Limited, as trustee for the various Billington Employee Trusts has continued to restructure its shareholding to facilitate any new employee share option arrangements and any future option arrangements that may be established in the future.

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

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Ocorian Trustees (Jersey) Limited 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Trustee for the Billington Holdings Plc Employee Share 
                                                                Ownership Trust 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of 10p each 
      instrument 
 
      Identification code                                        GB0000332667 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Sale of ordinary shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  nil         185,919 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                   185,919 
                                                                  Nil 
 
         *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2 June 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
---  --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Ocorian Trustees (Jersey) Limited 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Trustee for the Billington Holdings Plc Employee Share 
                                                                Ownership Trust 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of 10p each 
      instrument 
 
      Identification code                                        GB0000332667 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of ordinary shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  nil         185,919 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                   185,919 
                                                                  Nil 
 
         *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2 June 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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

Ed Allsopp

Blytheweigh Tel: [phone]

Tim Blythe

Megan Ray

Rachael Brooks

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 06, 2017 03:42 ET (07:42 GMT)