Grant of SAYE Options and PDMR Dealings
Billington Holdings Plc has launched its 2026 Employee Sharesave Scheme, granting 159,395 options to 104 employees at an exercise price of 306p per share, representing a 20% discount from the mid-market price on February 2, 2026. Key Persons Discharging Managerial Responsibility (PDMRs), including the CEO, COO, and CFO, each received 2,973 options. Following these grants, the CEO's total potential shareholding, including options and deferred bonus shares, stands at 3.6%.
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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 | |||||||||
| a) | Name | Mark Smith | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | Chief Executive Officer | |||||||
| b) | Initial notification/ Amendment | Initial Notification | |||||||
| a) | Name | Billington Holdings Plc | |||||||
| b) | LEI | 213800MUHLXWQQ6MEN67 | |||||||
| 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 | Trevor Michael Taylor | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | Chief Operating Officer | |||||||
| b) | Initial notification/ Amendment | Initial Notification | |||||||
| a) | Name | Billington Holdings Plc | |||||||
| b) | LEI | 213800MUHLXWQQ6MEN67 | |||||||
| 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) | Price(s) 306p Volume(s) 2,973 | |||||||
| 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 | |||||||
| a) | Name | Billington Holdings Plc | |||||||
| b) | LEI | 213800MUHLXWQQ6MEN67 | |||||||
| 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) | Price(s) 306p Volume(s) 2,973 | |||||||
| 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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