Billington Holdings Plc
("Billington" or the "Company" or the "Group")
Director/PCA Dealings
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, has been notified that Gutenga Investments PCC Limited has sold 1,861,119 shares in the Company.
Dr Alexander Ospelt, a director of Billington Holdings Plc, is a member of the foundation council of Gutenga Foundation which owns 100% of Gutenga Investments PCC Limited, and he is a director of Gutenga Investments PCC Limited.
Gutenga Investments PCC Limited now holds 2,586,866 Ordinary Shares in the Company representing approximately 20% of the total number of issued shares in the Company.
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 | Gutenga Investments PCC Limited | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Connected to Alexander Ospelt, a Non-executive Director of the Company, who is a member of the foundation council of Gutenga Foundation which owns 100% of Gutenga Investments PCC Limited. Alexander Ospelt is a director of Gutenga Investments PCC Limited. | ||||
| 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 | sale of shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
1,861,119 £4.60 | ||||
| e) | Date of the transaction | 16 July 2024 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
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.
