Forterra Regulatory News (FORT)

4 February 2025

Forterra plc

Directorate Change

Appointment of Chair

Forterra plc ("Forterra" or "the Company"), a leading UK manufacturer of essential clay and concrete building products, is pleased to announce the appointment of Nigel Lingwood as Chair Designate effective from 1 April 2025.

Pursuant to the Corporate Governance Code rules regarding independence, Justin Atkinson will step down as Chair and retire from the Board following the conclusion of the Company's Annual General Meeting (AGM) on 20 May 2025. Justin joined Forterra's Board as a non-executive Director in April 2016 and was appointed as Chair in May 2019.

Nigel will succeed Justin as Chair following the conclusion of the Company's AGM.

Nigel is an experienced FTSE 250 chair, and former Group Finance Director of Diploma PLC where he spent 19 years overseeing substantial business growth. He is currently Chair of Volution Group plc, a leading supplier of ventilation products to the new build and residential construction markets in the UK, Continental Europe and Australasia. Nigel is also Senior Independent Director at Dialight plc, a global leader in industrial LED lighting technology and solutions. 

 Justin Atkinson said:

"It has been a pleasure to be on the Forterra Board since its IPO in 2016 and a privilege to have been Chair over the last six years. I look forward to working with Nigel to ensure a smooth transition when he is appointed in April."

Commenting on his appointment, Nigel Lingwood said:

"I am delighted to be joining Forterra at this juncture and enthused by the opportunity ahead. Forterra is a quality business with strong market presence, and I am looking forward to working with the Board, Neil and the wider team to deliver sustainable growth that will drive value for shareholders."

Neil Ash, Chief Executive, said:

"I would like to thank Justin for his dedication during his tenure as Chair. His strategic direction and leadership principles have been instrumental in shaping Forterra into the fantastic business it is today. I look forward to working with Nigel as our new Chair, and I'm confident his experience will help drive Forterra's continued success."

There are no other items requiring disclosure under paragraph 9.6.13 of the Listing Rules.