Awards under the Company's Deferred Bonus Plan

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 shareholding in Company

Total shares outstanding under Deferred Bonus Plan (held in ESOT)

Total number of LTIP options held

Total potential %* shareholding including options

Mark Smith

Chief Executive Officer

19,554

43,396

318,955

2.95%

Trevor Taylor

Chief Financial Officer

19,323

32,547

239,215

2.25%

*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

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

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, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

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

  Price

 

Single transaction as in 4c) above

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/ 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

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, type of instrument

Identification code

 

Ordinary Shares of 10p each

 

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

  Price

 

Single transaction as in 4c) above

e)

Date of the transaction

20 April 2023

f)

Place of the transaction

Off market transaction

 

 

 

 

 

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