Forterra plc Employee Benefit Trust Share Purchase (3550G)
24 Novembre 2020 - 2:00PM
UK Regulatory
TIDMFORT
RNS Number : 3550G
Forterra plc
24 November 2020
24 November 2020
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
commence a programme to purchase ordinary shares of 1p each in the
Company to the value of GBP100,000 per month beginning in November
2020. 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 2020 and
beyond.
At the date of this announcement the Trust held 739,374 ordinary
shares in the Company representing 0.32% of the Company's current
voting rights.
Enquiries
Forterra plc : +44 (0) 1604 707 600
Ashley Thompson (Company Secretary)
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