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FORT Forterra Plc

162.60
2.60 (1.63%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  2.60 1.63% 162.60 161.00 161.40 163.60 160.00 160.00 248,233 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Concrete Block And Brick 455.5M 58.8M 0.2849 5.67 333.13M

Forterra plc Disposal of Swadlincote site (8633J)

26/08/2021 7:00am

UK Regulatory


Forterra (LSE:FORT)
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TIDMFORT

RNS Number : 8633J

Forterra plc

26 August 2021

26 August 2021

Forterra plc

Disposal of Swadlincote site

Forterra plc today announces that it has completed the disposal of its Swadlincote site for consideration of GBP14.2m received in cash. The site contained two separate manufacturing facilities; a hollowcore precast concrete flooring factory which was mothballed in 2020 and a bespoke precast concrete facility, the closure of which was announced in July 2021. Forterra will continue to lease part of the site for a nominal amount until the end of the year as remaining operations are wound up and manufacture of our bespoke precast products is consolidated at our Somercotes facility. It is a condition of the sale that the Swadlincote site will not be used for the manufacture of building products.

 
 ENQUIRIES 
 
 Forterra plc                                 +44 1604 707 600 
 Stephen Harrison, Chief Executive Officer 
 Ben Guyatt, Chief Financial Officer 
 
 FTI Consulting                               +44 203 727 1340 
 Richard Mountain / Nick Hasell 
 

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END

DISPFMATMTJTMIB

(END) Dow Jones Newswires

August 26, 2021 02:00 ET (06:00 GMT)

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