14 October 2025

Billington Holdings Plc

("Billington" or the "Company" or the "Group")

Proposed Closure of the Yate Facility

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, announces that the Company is proposing a restructuring of its structural steel operations, principally affecting the Yate facility.  If completed, this restructuring would see the Group's Yate facility in Bristol closed and the consolidation of structural steel operations at Billington's Wombwell and Shafton sites in Barnsley, local to all other Group operations.

As outlined in the Company's interim results announcement on 30 September 2025, the Board continually reviews the Group's operations to ensure that they are structured in the most optimally efficient manner and are reflective of the current and projected future market environments in which Billington operates. 

A consolidation at Barnsley would provide the Group with the flexibility to more closely align operational capacity with market demand, together with reducing overheads and delivering significant cost and operational efficiencies.  Recent capital investments at the two Barnsley facilities have allowed for an increase in productive output.  This, combined with the expansion of the night shift at the Shafton facility, has provided the opportunity for capacity to be transferred to Barnsley.  

In addition, the optimisation of the fixed assets and transfer of productive output to the Barnsley facilities, combined with the redeployment of resources, where possible, would allow for the inherent value of the Yate site to be realised in time.

The Company has commenced a consultation with the potentially affected employees at Yate, following which a formal decision will be made on the future of the Yate facility.  Further announcements will be made in due course as appropriate.

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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About Billington Holdings plc

Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is a UK based group of companies focused on structural steel and engineering activities throughout the UK and European markets. Group companies pride themselves on the provision of high technical and professional standards of service to niche markets with emphasis on building strong, trusted and long-standing partnerships with all of our clients. https://billington-holdings.plc.uk/