Billington

Billington Holdings confirms personnel changes effective 1 August 2026: Kevin Campbell moves from managing director of Billington Structures into the newly created role of group strategic and special projects director, taking on strategic initiatives and special projects. Dan Duffield, previously sales director at Billington Structures, succeeds Campbell as managing director; he has been with the company for nine years and previously led pre-construction activities. CEO Mark Smith praised both for their leadership qualities and their contribution to the division's growth. » Mere på de.investing.com

Billington Holdings has launched the three-year employee share plan “Sharesave 2026”, with 104 employees participating. The company granted 159,395 options at an exercise price of 306 pence per share, a 20% discount to the closing price on 2 February. The options can be exercised from 1 April 2029 and represent 1.2% of issued share capital. Three directors received 2,973 options each; the notices also state the directors’ current share and option holdings. » Mere på de.investing.com

Billington has announced the closure of its Yate plant; production is to be largely wound down by the end of 2025, while the technical office will be retained. Parts of the workforce are to be relocated to Barnsley sites in early 2026; staff have already been hired in Wombwell and Shafton and night shifts expanded. Equipment from Yate will be moved to Barnsley to reduce investment needs; the aim of the consolidation is greater flexibility, lower overheads and improved cost efficiency. The company is also examining options to maximise the value of the Yate site. » Mere på de.investing.com