BILLINGTON HOLDINGS PLC

Remuneration Information • May 3, 2024

National Storage Mechanism | Additional information

RNS Number : 1784N

Billington Holdings PLC

03 May 2024

Billington Holdings Plc

(the "Company" or "Billington")

Awards under the Company's Long Term Incentive Plan

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, confirms that its Remuneration Committee (the "Committee") has agreed the following awards under the Long Term Incentive Plan (the "Plan" or "LTIP").

The objective of the Plan is to ensure that the strategic objectives of the Company align with those of the senior management and that the structure of the overall remuneration package assists in maximising shareholder value.

The performance criteria for these LTIP awards over Ordinary Shares of 10p each in the Company ("Ordinary Shares") specifically relates to the profitability of the Company. The full vesting will only occur should profitability targets be achieved during the performance period of the award.

Two awards are made under the Plan, the first relates to the period 2023-2025 and the performance criteria for the 2023-2025 period relate to a cumulative statutory unadjusted Profit Before Tax (PBT) range of £25 million (25% vests) to £31 million (100% vests). 

The second award relates to the period 2024 to 2026 and the performance criteria for the 2024-2026 period relate to a cumulative statutory unadjusted Profit Before Tax (PBT) range of £28 million (25% vests) to £37.2 million (100% vests).

The following awards have been made in this round of the Plan:

Name	Position	Ordinary share options granted under the Plan - 2023-2025	Ordinary share options granted under the Plan - 2024- 2026	Total Ordinary share options held under the Plan	Total shares held under Deferred Bonus Plan ("DBP")	Total ordinary shareholding in BILN (excluding those held in the DBP)	Total Potential % Shareholding including options and DBP shares
Mark Smith	Chief Executive Officer	67,470	51,852	245,765	46,115	129,187	3.26%
Trevor Taylor	Chief Financial Officer	55,422	42,593	192,847	34,586	101,548	2.54%

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 / Charlie Beeson - Corporate Finance Andrew Burdis - ECM	Tel: 020 7220 0500
IFC Advisory Limited Tim Metcalfe Graham Herring Zach Cohen	Tel: 020 3934 6630 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

2

Reason for the notification

a)

Position/status

Chief Executive 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 under Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil                                            Nil	67,470 (2023-25) 51,852 (2024-26)

d)

Aggregated information

-     Aggregated volume

-     Price

119,322

Nil

e)

Date of the transaction

1 May 2024

f)

Place of the transaction

Off Market

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Trevor Michael Taylor

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 under Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil Nil	55,422 (2023-25) 42,593 (2024-26)

d)

Aggregated information

-     Aggregated volume

-     Price

98,015

Nil

e)

Date of the transaction

1 May 2024

f)

Place of the transaction

Off Market

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