REG - Forterra plc - Grant of Options under 2024 SAYE Scheme

ForterraAnnouncement

02/10/2024 17:45

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RNS Number : 7213G  Forterra plc  02 October 2024

3 October 2024

Forterra plc

Grant of Options under 2024 SAYE Scheme

Forterra plc (the "Company") 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
2 October 2024 the Company granted options over 1,532,961 ordinary shares of
£0.01 each.  The exercise price which was set in accordance with HM Revenue
and Customs rules was £1.40 per share.  The options have a contract start
date of 1 December 2024 and are exercisable between 1 December 2027 and 31 May
2028.  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
 Mark Davies (Group Manufacturing Director)  13,250

 

Enquiries

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

 Frances Tock (Company Secretary)

 

Forterra plc

Further information relating to the Company and its group can be found at
www.forterraplc.co.uk

 

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