Employee Benefit Trust Share Purchase

RNS Number : 3550G

Forterra plc

24 November 2020

 

24 November 2020

Forterra plc

Employee Benefit Trust Share Purchase

Forterra plc (the "Company") wishes to announce that it has agreed that Apex Financial Services Trust Company Limited acting as Trustee of the Forterra Employee Benefit Trust (the "Trust") will commence a programme to purchase ordinary shares of 1p each in the Company to the value of £100,000 per month beginning in November 2020.  It is envisaged that this programme will continue until further notice. 

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) for 2020 and beyond.

At the date of this announcement the Trust held 739,374 ordinary shares in the Company representing 0.32% of the Company's current voting rights.

Enquiries

Forterra plc :	[phone]
Ashley Thompson (Company Secretary)

 

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