Business
Directors Dealings
Directors Dealings.
About this update from Billington Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 2352M Billington Holdings PLC 18 January 2016 \n\n \nBillington Holdings Plc\n \n(\"The Company\" or \"Billington\")\n \nIssue of Options\nDirectors Dealings\n \nThe Company confirms today that, it has today granted options to directors as set out below:\n \nMark Smith\nThe Company has granted to Mark Smith, Chief Executive Officer of the Company an option pursuant to the Rules of the Tax Advantaged Plan to acquire 9,917 of Ordinary Shares of £0.10 each in the Company, at an exercise price of £3.025p per share (\"RTAP Options\"). In addition, the Company today has granted to Mark Smith, an option pursuant to the Rules of the Non Tax Advantaged Plan to acquire 25,000 of Ordinary Shares of £0.10 each in the Company at an exercise price of £1.65p per share (\"Non-RTAP Options\"). \nMark Smith is directly interested in 5,000 Ordinary Shares representing 0.039% of the Company and holds total options over 34,917 Ordinary Shares in the Company.\nTrevor Taylor\nThe Company has granted to Trevor Taylor, Finance Director of the Company an option pursuant to the Rules of the Tax Advantaged Plan to acquire 9,917 of Ordinary Shares of £0.10 each in the Company, at an exercise price pf £3.025p per share (\"RTAP Options\"). In addition, the Company today has granted to Trevor Taylor, an option pursuant to the Rules of the Non Tax Advantaged Plan to acquire 25,000 of Ordinary Shares of £0.10 each in the Company at an exercise price of £1.65p per share (\"Non-RTAP Options\")\nTrevor Taylor is directly interested in 6,000 Ordinary Shares representing 0.046% of the Company and holds total options over 34,917 Ordinary Shares in the Company.\nBoth the RTAP Options and Non-RTAP Options can be exercised at any time between the third anniversary and tenth anniversary of the Option, subject to remaining employed in the Company and otherwise at the discretion of the Board\nIt is currently intended that the exercise of these options will be satisfied by the issue of shares from the Billington Employee Share Option Trust.\nFor further information, please contact:\n \nBillington Holdings Plc  ...