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134.80    2.60 (1.97%)
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Spread: 0.60 (0.445%)
Market Cap: £276.47m
FORT Live PriceLast checked at - London Stock Exchange

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Director/PDMR Shareholding

15 Feb 2021 07:00

RNS Number : 0248P
Forterra plc
15 February 2021
 

15 February 2021

 

Forterra plc (the "Company")

 

Director / PDMR Shareholdings

 

The Company was notified on 10 February 2021 that the following directors of the Company and persons discharging managerial responsibility ("PDMRs") in the Company were each awarded 184 ordinary shares of £0.01 each in the capital of the Company (the "Ordinary Shares") at no cost on 10 February 2021 in accordance with the terms of the Company's Share Incentive Plan (the "SIP").

 

Under the SIP, 184 Ordinary Shares, with a current market value of c£500 will be awarded to each eligible employee of the Group at no cost through Link Market Services Trustees Limited, as trustee of the Trust established to satisfy awards made under the SIP to employees of the Company and its subsidiary undertakings (the "Trustee").

 

On 10 February the Company was notified that the Trustee had acquired 292,960 Ordinary Shares in the market between the 5 February and 10 February at an average price of 271 pence per share bringing the total number of Ordinary Shares held by the Trust to 515,045 in order to satisfy awards to employees under the SIP.

 

The SIP shares remain held in Trust for the benefit of employees for a period of three years subject to the employee's continued service and can be removed from the Trust subject to tax and national insurance after this time period, or alternatively can be held in Trust for a period of five years after which no tax and national insurance is payable.

 

Directors:Stephen HarrisonBen Guyatt

PDMRs:Peter VarnsverryAdam SmithGeorge Stewart

Matthew Day

Shahbaz Idriss

Darren Rix

Ashley Thompson

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

Ashley Thompson (Company Secretary)

FTI Consulting:

+44 (0) 20 3727 1340

Richard Mountain/ Nick Hasell

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

 

 

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Date   Source Headline
7th Oct 20215:12 pmRNSDirector/PDMR Shareholding
6th Oct 20217:51 amRNSHolding(s) in Company
5th Oct 20215:49 pmRNSEmployee Benefit Trust Share Purchase
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29th Jul 20217:56 amRNSProgressive publishes new research
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30th Apr 20211:11 pmRNSGrant under Performance Share Plan
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9th Apr 202110:56 amRNSHolding(s) in Company
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1st Apr 202110:59 amRNSDirector/PDMR Shareholding
30th Mar 20211:14 pmRNSDirector/PDMR Shareholding
25th Mar 20212:41 pmRNSDirector/PDMR Shareholding
22nd Mar 20213:55 pmRNSDirector/PDMR Shareholding
11th Mar 20217:00 amRNSDirector/PDMR Shareholding
9th Mar 20217:00 amRNS2020 FULL YEAR RESULTS
4th Mar 20217:24 amRNSHolding(s) in Company
3rd Mar 202110:36 amRNSHolding(s) in Company
2nd Mar 20217:00 amRNSEmployee Benefit Trust Share Purchase
17th Feb 20213:16 pmRNSHolding(s) in Company
15th Feb 20217:00 amRNSDirector/PDMR Shareholding
8th Feb 20212:16 pmRNSDirector/PDMR Shareholding
2nd Feb 20214:17 pmRNSEmployee Benefit Trust Share Purchase
1st Feb 20214:48 pmRNSDirector/PDMR Shareholding
28th Jan 202112:38 pmRNSHolding(s) in Company
27th Jan 20213:40 pmRNSHolding(s) in Company
26th Jan 20218:15 amRNSProgressive publishes new research
26th Jan 20217:00 amRNSTrading Statement
6th Jan 20217:21 amRNSEmployee Benefit Trust Share Purchase
6th Jan 20217:21 amRNSDirector/PDMR Shareholding

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