Trading by Employee Benefit Trust

RNS Number : 1695L

Billington Holdings PLC

07 January 2016

 

Billington Holdings Plc

("The Company" or "Billington")

Trading by Employee Benefit Trust

The Company confirms that it has received notice that on 6 January 2016, Bedell Trustees Limited as trustee of the Billington Holdings ESOP Trust disposed of 700,000 Ordinary Shares for nil consideration, accordingly Bedell Trustees Limited, as trustee of the Billington Holdings ESOP Trust, now holds 645,869 Ordinary Shares representing 4.993% of the total issued share capital of the Company.

At the same time, the Company has received notice that on the same date, Bedell Trustees Limited, as trustee for the Billington Holdings Plc Employee Share Ownership Trust has acquired 700,000 Ordinary Shares in the Company, for nil consideration, and accordingly now holds 700,000 Ordinary Shares which represents 5.412% of the issued share capital.

The Company is aware that Bedell Trustees Limited, as trustee for the various Billington Employee Trusts, has restructured its shareholding to facilitate the introduction of a number of new employee share option arrangements and any future option arrangements that may be established in the future.

For further information please contact:

Billington Holdings Plc                                                                                                                     Tel:        [phone]

Mark Smith, Chief Executive

Trevor Taylor, Finance Director

W H Ireland Limited                                                                                                                          Tel:        [phone]

Katy Mitchell

Blytheweigh                                                                                                                                          Tel:        [phone]

Tim Blythe                                                                                                                                               Mob:     [phone]

Wendy Haowei                                                                                                                                     Mob:     [phone]

 

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