REG - Forterra plc - Director/PDMR Shareholding

ForterraAnnouncement

25/03/2025 14:00

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RNS Number : 1048C  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:                     +44 (0) 1604 707 600
 Frances Tock (Company Secretary)

 FTI Consulting:                   +44 (0) 20 3727 1340
 Richard Mountain/Nick Hasell

Further information relating to the Company and its group can be found at
www.forterraplc.co.uk (http://www.forterraplc.co.uk/) .

 

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