Last checked at 5 May 2020 15:10
5 May 2020
Billington Holdings Plc
("the Company" or "Billington")
Awards under the Company's Deferred Bonus Plan/Non Tax Advantaged Plan ("Deferred Bonus Plan")
Director Dealings
The Company confirms today that, following the publication of the 2019 Report and Accounts, 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 ('Ordinary Shares"). These Ordinary Shares are held by the Company's Employee Share Ownership Trust 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 18,160 Ordinary Shares
Trevor Michael Taylor - award of 13,620 Ordinary Shares
Following the granting of these awards, the interests of the Executive Directors in Ordinary Shares are:
Name | Position | Total direct shareholding in BILN | Total % direct Shareholding in BILN | Total Shares awarded under Deferred Bonus Plan | Total number of options held | Total Potential % Shareholding including options |
Mark Smith | Chief Executive Officer | 13,749 | 0.106% | 18,160 | 89,591 | 0.87% |
Trevor Michael Taylor | Chief Financial Officer | 14,749 | 0.114% | 13,620 | 60,885 | 0.69% |
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 | 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 | Conditional Share Awards | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
18,160 Nil | ||||
e) | Date of the transaction | 5 May 2020 | ||||
f) | Place of the transaction | Off market | ||||
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 | Conditional Share Awards | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
13,620 Nil | ||||
e) | Date of the transaction | 5 May 2020 | ||||
f) | Place of the transaction | Off market | ||||
For further information please contact:
Billington Holdings Plc Tel: 01226 340 666
Mark Smith, Chief Executive
Trevor Taylor, Chief Financial Officer
WH Ireland Limited Tel: 020 7220 1666
Chris Hardie
James Sinclair-Ford
Jasper Berry
IFC Advisory Limited Tel: 020 3934 6630
Tim Metcalfe
Graham Herring
Zach Cohen