Billington Executives Adjust Shareholdings

Billington Holdings Plc (GB:BILN) has released an update.

Billington Holdings Plc has reported that two of its executive Directors exercised share options at no cost under the company’s Long Term Incentive Plan, subsequently selling a portion of shares to cover tax and National Insurance obligations. The transactions have altered the Directors’ total shareholdings in the company, with the CEO now holding a 2.33% potential shareholding and the CFO 1.79%, assuming future issuances are satisfied from the Employee Share Ownership Trust. The company is a leading UK specialist in structural steel and construction safety solutions, striving for high technical and professional service standards.

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