Director/PDMR Shareholding

Forterra plc

25 March 2025

 

25 March 2025

Forterra plc (the "Company")

Director / PDMR Shareholdings

Following the vesting on 17 March 2025 of share options granted to Executive Directors under the 2022 Deferred Annual Bonus Plan ("DABP"), the Company was notified on the 24 March 2025 that on 20 March 2025 the following exercise and sale transactions took place:

Ben Guyatt, Chief Financial Officer exercised options granted under the DABP as laid out below selling sufficient shares to cover the appropriate tax and national insurance liabilities with the balance being retained.

Name	Status	No. of shares exercised	Sale Date	Number of shares sold	Price	Number of shares retained	Total Shareholding	% of ISC
Ben Guyatt	PDMR	68,093	20/3/2025	32,117	£1.63	35,976	149,698	< 1%

The 2022 DABP awards represent the deferral into ordinary shares of part of the Executive Directors' 2021 bonus entitlements under the rules of the scheme subject to the participant being an employee at the time of vesting. No consideration was paid for the grant of the awards which are structured as nominal (1p) cost options although this sum was waived by the Company on exercise. The number of options exercised also includes a dividend equivalent in addition to the options initially granted in accordance with the rules of the scheme.

No new shares were issued in respect of these transactions with shares being transferred to the individuals from the Forterra Employee Benefit Trust.

The above notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulations.

Enquiries

Forterra plc:	[phone]
Frances Tock (Company Secretary)
FTI Consulting:	[phone]
Richard Mountain/Nick Hasell

Further information relating to the Company and its group can be found at www.forterraplc.co.uk.

 

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