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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Forterra Plc | LSE:FORT | London | Ordinary Share | GB00BYYW3C20 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.80 | -1.60% | 172.20 | 172.80 | 173.40 | 175.00 | 170.40 | 170.40 | 977,762 | 16:35:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Concrete Block And Brick | 455.5M | 58.8M | 0.2849 | 6.07 | 357.07M |
TIDMFORT
RNS Number : 3911N
Forterra plc
25 October 2016
25 October 2016
Forterra plc
Grant of Options under 2016 Sharesave Scheme
Forterra plc (the "Company") is pleased to announce that it has launched a Sharesave Scheme ("the Scheme") which is open to all employees subject to certain requirements. Participants can choose to save up to GBP500 per month over a 3 year period.
Pursuant to the Scheme, on 24 October the Company granted options over 4,711,403 ordinary shares of GBP0.01 each (ISIN GB00BYYW3C20). The exercise price which was set in accordance with HM Revenue and Customs rules was GBP1.35 per share. The options have a contract start date of 1 December 2016 and are exercisable between 1 December 2019 and 1 June 2020. The exercise of options on maturity is not dependent upon performance criteria.
As part of the Scheme described above, options were granted to the following Executive Directors and Persons Discharging Managerial Responsibility (PDMRs).
Name of Director / PDMR Number of options granted ------------------------- ------------------ Stephen Harrison 13,333 ------------------------- ------------------ Shatish Dasani 13,333 ------------------------- ------------------ Benjamin Guyatt 13,333 ------------------------- ------------------ Matthew Clay 5,333 ------------------------- ------------------ George Stewart 13,333 ------------------------- ------------------ Adam Smith 13,333 ------------------------- ------------------
The above notification is intended to satisfy the Company's obligations under Article 19 of Regulation (EU) No 596/2014.
Enquiries
+44 (0) 1604 707 Forterra plc: 600 Shatish Dasani (CFO) Benjamin Guyatt (Company Secretary) FTI Consulting (public relations +44 (0) 20 3727 adviser to Forterra): 1340 Richard Mountain Nick Hasell
Forterra plc
Further information relating to the Company and its group can be found at www.forterraplc.co.uk.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGIBDGXBDBGLU
(END) Dow Jones Newswires
October 25, 2016 05:00 ET (09:00 GMT)
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