Employee Benefit Trust Share Purchase

RNS Number : 5193S

Forterra plc

12 March 2019

 

12 March 2019

Forterra plc

Employee Benefit Trust Share Purchase

Further to the announcement of 19 December 2018 outlining changes in the planned programme of share purchases to be made by the Forterra Employee Benefit Trust whereby approximately 450,000 ordinary shares a month are to be purchased.

On 11 March 2019 the Company was notified by Link Trustees (Jersey) Limited acting as Trustee that on 8 March 2019 the Trust completed the purchase of 109,243 ordinary shares of 1p each in the Company at an average price of £2.9247.  The remainder of March's order remains with the Company's brokers and further announcements will be made as this order is fulfilled in due course. 

The Trust holds shares for the benefit of the Company's employees and in particular for the satisfying of awards made under the Company's various share schemes.

The Trust now holds 3,137,918 ordinary shares in the Company representing 1.57% of the Company's current voting rights. 

Enquiries:

Forterra plc	[phone]
Shatish Dasani (CFO) Ben Guyatt (Company Secretary)

 

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