REG - Forterra plc - Grant under Deferred Annual Bonus Plan

ForterraAnnouncement

20/03/2026 08:45

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RNS Number : 4776X  Forterra plc  20 March 2026

20 March 2026

 

Forterra plc

Grant under Deferred Annual Bonus Plan

Forterra plc (the "Company") announces that, on 19 March 2026, share option
awards over ordinary shares of £0.01 each in the capital of the Company were
granted to Executive Directors under the Forterra plc Deferred Annual Bonus
Plan ("DABP") as follows:

 Name of Director                      Number of shares over which the award is granted
 Neil Ash - Chief Operating Officer    130,906
 Ben Guyatt - Chief Financial Officer  92,324
 Total                                 223,230

These awards represent the deferral into ordinary shares of part of the
Executive Directors' 2025 bonus entitlements under the rules of the Scheme.

No consideration was paid for the grant of the awards which are structured as
nominal cost options at an option exercise price of £0.01 per ordinary share.
The number of ordinary shares granted under the award has been calculated
using a share price of £162.56 being an average of the closing mid-market
share price for the five days commencing on 12 March 2026 being the date after
announcing the Company's 2025 results.

The awards will normally vest on 19 March 2029, subject to the participant
being an employee of the Company at that time. Once vested, the award shall
normally remain exercisable until the day before the tenth anniversary of the
date of grant. Further terms and conditions of the DABP are set out in the
Annual Report and Accounts.

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 (public relations adviser to Forterra):  +44 (0) 20 3727 1340
 Richard Mountain
 Nick Hasell

 

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