AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

BILLINGTON HOLDINGS PLC

Regulatory Filings Oct 14, 2025

7518_rns_2025-10-14_a4743d9a-54ef-4ac1-b575-09fb43471743.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 3513D

Billington Holdings PLC

14 October 2025

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.

For further information please contact:

Billington Holdings Plc

Mark Smith, Chief Executive Officer

Trevor Taylor, Chief Financial Officer
Tel: 01226 340 666
Cavendish Capital Markets Ltd - Nomad and Broker

Ed Frisby / Trisyia Jamaludin - Corporate Finance

Andrew Burdis - ECM
Tel: 020 7220 0500
IFC Advisory Limited

Tim Metcalfe

Graham Herring

Zach Cohen
Tel: 020 3934 6630

[email protected]

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/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBSBDGRSBDGUS

Talk to a Data Expert

Have a question? We'll get back to you promptly.