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Billington Holdings Plc launched its 2026 Employee Sharesave Scheme, granting a total of 159,395 options to 104 eligible employees on 27 February 2026. These options represent 1.2% of the Company's issued share capital and have an exercise price of 306p, a 20% discount from the 2 February 2026 mid-market closing price. The options are exercisable from 1 April 2029, with PDMRs Mark Smith, Trevor Taylor, and David Jones each receiving 2,973 options.
| Date | 27 Feb 2026 |
| Time | 08:50:56 |
| Category | Director/PDMR dealings |
| ID | 7119U |
Grant of SAYE Options and PDMR Dealings
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is pleased to announce that it has launched the 2026 Billington Employee Sharesave Scheme (2026 SAYE Scheme) to all eligible employees, offering saving plans over a three-year period.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 10p each, which were granted on 27 February 2026 at an exercise price of 306p per option, in accordance with of the rules of the 2026 SAYE Scheme. The exercise price represents a discount of 20% from the mid-market closing price of the Company's ordinary shares on 2 February 2026 of 382.5 pence, being the trading day prior to the invitation made to all eligible employees on 3 February 2026. The Options are exercisable from 1 April 2029.
A total of 104 employees have participated in the 2026 SAYE Scheme and 159,395 Options have been granted representing 1.2% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility (PDMRs) have elected to participate in the 2026 SAYE Scheme).
|
PDMR |
Title |
Number of Options |
|
Mark Smith |
Chief Executive Officer |
2,973 |
|
Trevor Taylor |
Chief Operating Officer |
2,973 |
|
David Jones |
Chief Financial Officer |
2,973 |
Following the above transactions, the interests of the executive Directors in Ordinary Shares are:
|
Director |
Total direct shareholding in the Company |
Total shareholding under Deferred Bonus Plan (DBP) (held in ESOT) |
Total number of LTIP options held |
Total number of SAYE Scheme options held |
Total potential %* shareholding including LTIP options and DBP shares |
|
Mark Smith |
201,374 |
71,195 |
209,322 |
2,973 |
3.6% |
|
Trevor Taylor |
156,981 |
55,187 |
169,444 |
2,973 |
2.9% |
|
David Jones |
5,948 |
- |
20,028 |
2,973 |
0.2% |
|
*Assumes future issuance satisfied from ESOT |
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For further information please contact:
|
Billington Holdings Plc Mark Smith, Chief Executive Officer Trevor Taylor, Chief Financial Officer Dave Jones, Chief Financial Officer |
Tel: 01226 340 666 |
|
Cavendish Capital Markets Ltd - Nomad and Broker Ed Frisby / Trisyia Jamaludin - Corporate Finance Andrew Burdis - Corporate Broking |
Tel: 020 7220 0500 |
|
IFC Advisory Limited Tim Metcalfe Graham Herring Zach Cohen |
Tel: 020 3934 6632 billington@investor-focus.co.uk |
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/
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 |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
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|
b) |
Initial notification/ Amendment |
Initial Notification |
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|
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 |
Award of Options under 2026 SAYE Scheme
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Single transaction as in 4c) above
|
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|
e) |
Date of the transaction |
27 February 2026 |
||||
|
f) |
Place of the transaction |
Off Market |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Trevor Michael Taylor |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Operating 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 |
Award of Options under 2026 SAYE Scheme
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Single transaction as in 4c) above
|
||||
|
e) |
Date of the transaction |
27 February 2026 |
||||
|
f) |
Place of the transaction |
Off Market |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
David Andrew Jones |
||||
|
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 |
Award of Options under 2026 SAYE Scheme
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Single transaction as in 4c) above
|
||||
|
e) |
Date of the transaction |
27 February 2026 |
||||
|
f) |
Place of the transaction |
Off Market |
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