Grant of Options under 2026 SAYE Scheme

Forterra

01/10/2026 17:00

		
		
		
		
		
	
	
RNS Number : 2976X
  
Forterra plc
  
01 October 2026
  
 

		

			

				1 October 2026
			
			

				 
			
			

				Forterra plc
			
			

				 
			
			

				Grant of Options under 2026 SAYE Scheme
			
			

				 
			
			

				Forterra plc ("Forterra" or the "Company"), a leading UK manufacturer of essential clay and concrete building products, is pleased to announce that it has granted options under its Employee Sharesave Scheme (the “Scheme”) which is open to all employees subject to certain requirements.  Participants can choose to save up to £500 per month over a 3 year period.  
			
			

				 
			
			

				Pursuant to the scheme, on 1 October 2026 the Company granted options over 3,975,244 ordinary shares of £0.01 each.  The exercise price which was set in accordance with HM Revenue and Customs rules was £1.15 per share.  The options have a contract start date of 1 December 2026 and are exercisable between 1 December 2029 and 31 May 2030.  The exercise of options on maturity is not dependent upon performance criteria.
			
			

				 
			
			

				Within the options described above, options were granted to the following Persons Discharging Managerial Responsibilities (PDMRs)
			
			

				 
			
			

				

					

						

							PDMR
						
					
					

						

							Number of options granted
						
					
				
				

					

						

							Neil Ash (Chief Executive Officer)
						
					
					

						

							15,826
						
					
				
				

					

						

							Sarah Renton (Chief People Officer)
						
					
					

						

							4,747
						
					
				
				

					

						

							Mark Davies (Chief Operating Officer)
						
					
					

						

							15,826
						
					
				
				

					

						

							James Cornish (Group Commercial Director)
						
					
					

						

							15,826
						
					
				
				

					

						

							Frances Tock (Company Secretary)
						
					
					

						

							9,495
						
					
				
			
			

				 
			
			

				Enquiries:
			
			

				 
			
			

				

					

						

							Forterra plc
						
					
					

						

							+44 (0) 1604 707 600
						
					
				
				

					

						

							Frances Tock (Company Secretary)
						
						

							 
						
					
					

						

							 
						
					
				
				

					

						

							FTI Consulting
						
					
					

						

							+44 (0)20 3727 1340
						
					
				
				

					

						

							Richard Mountain / Victoria Hayns
						
					
					

						

							 
						
					
				
			
			

				 
			
			

				LEI: 213800O5DD6ATBVJAD23
			
			

				 
			
			

				 
			
		
	
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