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FORT Forterra Plc

173.40
-1.60 (-0.91%)
Last Updated: 15:29:42
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
  -1.60 -0.91% 173.40 172.80 173.60 175.00 170.40 170.40 184,195 15:29:42
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Concrete Block And Brick 455.5M 58.8M 0.2849 6.09 358.31M

Forterra plc Employee Benefit Trust Share Purchase (8605N)

26/09/2019 4:50pm

UK Regulatory


Forterra (LSE:FORT)
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TIDMFORT

RNS Number : 8605N

Forterra plc

26 September 2019

26 September 2019

Forterra plc

Employee Benefit Trust Share Purchase

Further to the announcement made on 19 December 2018, whereby Forterra plc (the "Company") announced a programme of share purchases by the Forterra Employee Benefit Trust at the rate of approximately 450,000 shares per month which completed in July 2019. The Company now announces 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 further programme to purchase ordinary shares of 1p each in the Company at the rate of 80,000 shares per month beginning in October 2019. It is envisaged that this programme will extend to December 2020.

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) into 2020 and beyond.

At the date of this announcement the Trust held 4,714,642 ordinary shares in the Company representing 2.35% of the Company's current voting rights.

Enquiries

 
Forterra plc:                    +44 (0) 1604 707 600 
 
Ben Guyatt (Company Secretary) 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCLFMATMBITBRL

(END) Dow Jones Newswires

September 26, 2019 11:50 ET (15:50 GMT)

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