30 June 2022
Billington Holdings Plc
("the Company" or "Billington")
Director/PDMR Dealings
The Company confirms today that share options over 8,385 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 tax and National Insurance liabilities. 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 30 April 2019 in respect of 4,689 Ordinary Shares at nil consideration and following the sale of 2,297 ordinary shares has resulted in the issue of 2,392 Ordinary Shares to Mr Smith.
Trevor Taylor
Trevor Michael Taylor has exercised the option granted on 30 April 2019 in respect of 3,696 Ordinary Shares at nil consideration and following the sale of 1,811 ordinary shares has resulted in the issue of 1,885 Ordinary Shares to Mr Taylor.
Following the exercise and issue of these ordinary shares to Mark Smith and Trevor Taylor, the interests of the executive Directors in Ordinary Shares are:
| Name | Position | Total direct shareholding in BILN | Total shares awarded under Deferred Bonus Plan | Total Shares awarded under LTIP | Total number of options held | Total Potential % Shareholding including options |
| Mark Smith | Chief Executive Officer | 19,554 | 18,160 | 69,153 | 87,313 | 0.826% |
| Trevor Michael Taylor | Chief Financial Officer | 19,323 | 13,620 | 51,864 | 65,484 | 0.656% |
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, Chief Financial Officer | |
| | |
| WH Ireland Limited | Tel: 020 7220 1666 |
| Chris Hardie Fraser Marshall | |
| | |
| 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 |
2,392 Nil
| ||||
| e) | Date of the transaction | 30/06/22 | ||||
| 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 | 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 | Exercise of options / sale of shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
1,885 Nil
| ||||
| e) | Date of the transaction | 30/06/22 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
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