Trading by Employee Benefit Trust

RNS Number : 4333S

Billington Holdings PLC

02 October 2017

 

Billington Holdings Plc

("the Company" or "Billington")

Trading by Employee Benefit Trust

PDMR Holdings

The Company confirms that it has received notice that on 2^nd October 2017, Ocorian Trustees (Jersey) Limited as trustees of the Billington Holdings ESOP Trust and as nominee on behalf of the underlying shareholders, have resolved to transfer all the shares they held in nominee to the underlying beneficial holders following their intention to close of the scheme.

Accordingly, the Ocorian trustees have disposed of 33,100 Ordinary Shares in the Company for nil consideration to the underlying shareholders. This includes a disposal of 14,000 to SGT Fareham, a non-executive director of the Company. The trustees now hold 7,800 Ordinary Shares, 0.060% of the total shareholding of the Company (being those held in the Trustees own name).

SGT Fareham, has confirmed that the Ocorian Trustees (Jersey) Limited have transferred the ownership of 14,000 Ordinary Shares for nil consideration to him and that, accordingly Mr Fareham now holds 17,603 Ordinary Shares representing 0.136% of the total shareholding of the Company.

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Fareham
2	Reason for the notification
a)	Position/status	Non-Executive 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	-
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 10 pence each in Billington Holdings plc GB0000332667
b)	Nature of the transaction	Transfer of Shares (From nominees)
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 14,000
d)	Aggregated information - Aggregated volume - Price	14,000 £nil
e)	Date(s) of the transaction	27 September 2017
f)	Place of the transaction	London Stock Exchange, AIM

Enquires:

Mark Smith/Trevor Taylor, Billington Holdings Plc                                Tel: [phone]

Katy Mitchell, WH Ireland Limited                                                      Tel: [phone]

Tim Blythe, Megan Ray, Blytheweigh                                                 Tel: [phone]

 

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