REG - Forterra plc - Employee Benefit Trust Share Purchase

ForterraAnnouncement

14/12/2022 17:15

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RNS Number : 7518J  Forterra plc  14 December 2022

14 December 2022

Forterra plc

Employee Benefit Trust Share Purchase

Forterra plc (the "Company") wishes to announce that it has agreed that Apex
Financial Services Trust Company Limited acting as Trustee of the Forterra
Employee Benefit Trust (the "Trust") will reduce its programme from purchasing
ordinary shares of 1p each in the Company ("Ordinary Shares") per month from
400,000 to 150,000 Ordinary Shares per month beginning in January 2023. It is
envisaged that this programme will continue until further notice.

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) for 2023 and beyond.

At the date of this announcement the Trust held 6,005,261 ordinary shares in
the Company representing 2.82% of the Company's current voting rights.

Enquiries

 Forterra plc:                        +44 (0) 1604 707 600
 Ashley Thompson (Company Secretary)

 

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