Trading by Employee Benefit Trust

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 instrument Identification code	Ordinary shares of 10p each 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 -     Price	185,919 Nil
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 instrument Identification code	Ordinary shares of 10p each 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 -     Price	185,919 Nil
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                                                                

 

END

 

 

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