Trading by Employee Benefit Trust

RNS Number : 4939P

Billington Holdings PLC

17 November 2016

 

Billington Holdings Plc

("The Company" or "Billington")

Trading by Employee Benefit Trust

The Company confirms that it has received notice today that Ocorian, formerly known as Bedell Trustees Limited, as trustee for the Billington Holdings Plc Employee Share Ownership Trust has disposed of 170,993 Ordinary Shares at a price of £2.05, and accordingly now holds 185,919 Ordinary Shares which represents 1.43 % of the issued share capital.

The Directors have been advised by the trustees that this transaction now concludes the series of Ordinary Share sales undertaken by the trustees. This was to enable them to settle a liability due to the Trustees of the Amco ESOP which relates to the disposal of the AMCO businesses in May 2008.

For further information please contact:

Billington Holdings Plc                                                                                  Tel:        [phone]

Mark Smith, Chief Executive

Trevor Taylor, Finance Director

W H Ireland Limited                                                                                      Tel:        [phone]

Katy Mitchell

Blytheweigh                                                                                                Tel:        [phone]

Tim Blythe     

Megan Ray                                                                                                     

 

END

 

 

MSCAKODDQBDDQDD