Last checked at 15 Nov 2019 08:46
15 November 2019
Billington Holdings Plc
(the "Company" or "Billington")
Director/PDMR Dealings
The Company confirms today that share options over 50,000 ordinary shares have been exercised pursuant to the rules of the Non Tax Advantaged Plan by two executive Directors. The effect of transactions upon exercise will be that the executive Directors will retain the maximum number of Billington Ordinary Shares arising, after a proportion of such shares are sold to cover the exercise price, tax and NI involved. The ordinary shares will be transferred by Ocorian Trustees (Jersey) Limited as trustee of the Employee Share Ownership Trust on exercise.
Mark Smith
Mark Smith has exercised the option granted on 18 January 2016 in respect of 25,000 Ordinary Shares and following the sale of 5,538 ordinary shares has resulted in the issue of 6,408 Ordinary Shares to Mr Smith.
Trevor Taylor
Trevor Michael Taylor has exercised the option granted on 18 January 2016 in respect of 25,000 Ordinary Shares and following the sale of 5,538 ordinary shares has resulted in the issue of 6,408 Ordinary Shares to Mr Taylor.
The Employee Ownership Trust has retained 13,054 Ordinary Shares in respect of each party to cover the exercise price of £1.65 per share.
Following the exercise and issue of the 6,408 ordinary shares to each Mark Smith and Trevor Taylor, the interests of the executive Directors in Ordinary Shares are:
Name | Position | Total direct shareholding in BILN | Total % direct Shareholding in BILN | Total number of options held | Total Potential % Shareholding including options |
Mark Smith | Chief Executive Officer | 11,408 | 0.088% | 90,508 | 0.79% |
Trevor Michael Taylor | Finance Director | 12,408 | 0.096% | 70,802 | 0.64% |
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details.
For further information please contact:
Billington Holdings Plc Tel: 01226 340 666
Mark Smith, Chief Executive
Trevor Taylor, Finance Director
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
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
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 | Exercise of options / sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
6,408 £3.22 | ||||
e) | Date of the transaction | 13/11/19 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Trevor Michael Taylor | ||||
2 | Reason for the notification | |||||
a) | Position/status | Finance Director | ||||
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 | Exercise of options / sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
6,408 £3.22 | ||||
e) | Date of the transaction | 13/11/19 | ||||
f) | Place of the transaction | London Stock Exchange | ||||