Employee Benefit Trust Share Purchase

RNS Number : 9473K

Forterra plc

16 April 2018

 

16 April 2018

Forterra plc

Employee Benefit Trust Share Purchase

As outlined in the results statement released on 14 March 2018, Forterra plc (the "Company") announces that on 13 April 2018 it was agreed that Link Trustees (Jersey) Limited acting as Trustee of the Forterra Employee Benefit Trust (the "Trust") will commence the purchase of ordinary shares of 1p each in the Company as part of a planned programme of monthly share purchases which is expected to last until the end of 2019. 

It is expected that approximately 240,000 shares will be purchased each month under this programme.   These shares will ultimately be used by the Trust for the settlement of awards granted under the Company's employee share schemes, namely the Performance Share Plan (PSP), the Deferred Annual Bonus Plan (DABP) and the Sharesave Plan (SAYE). 

At the date of this announcement the Trust held 71 ordinary shares in the Company representing 0.00% of the Company's current voting rights. 

Enquiries

Forterra plc:	[phone]
Ben Guyatt (Company Secretary)

 

END

 

 

MSCIAMLTMBMBBMP