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Market Cap: £269.39m
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Director/PDMR Shareholding

25 Mar 2025 13:47

RNS Number : 1048C
Forterra plc
25 March 2025
 

25 March 2025

Forterra plc (the "Company")

Director / PDMR Shareholdings

Following the vesting on 17 March 2025 of share options granted to Executive Directors under the 2022 Deferred Annual Bonus Plan ("DABP"), the Company was notified on the 24 March 2025 that on 20 March 2025 the following exercise and sale transactions took place:

Ben Guyatt, Chief Financial Officer exercised options granted under the DABP as laid out below selling sufficient shares to cover the appropriate tax and national insurance liabilities with the balance being retained.

Name

Status

No. of shares exercised

Sale Date

Number of shares sold

Price

Number of shares retained

Total Shareholding

% of ISC

Ben Guyatt

PDMR

68,093

20/3/2025

32,117

£1.63

35,976

149,698

< 1%

The 2022 DABP awards represent the deferral into ordinary shares of part of the Executive Directors' 2021 bonus entitlements under the rules of the scheme subject to the participant being an employee at the time of vesting. No consideration was paid for the grant of the awards which are structured as nominal (1p) cost options although this sum was waived by the Company on exercise. The number of options exercised also includes a dividend equivalent in addition to the options initially granted in accordance with the rules of the scheme.

No new shares were issued in respect of these transactions with shares being transferred to the individuals from the Forterra Employee Benefit Trust.

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:

+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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DSHPPUACWUPAGWA
Date   Source Headline
26th Jan 20264:07 pmRNSHolding(s) in Company
22nd Jan 20267:00 amRNSFull Year 2025 Trading Update
20th Jan 20267:00 amRNSEmployee Benefit Trust Share Purchase
7th Jan 20269:39 amRNSEmployee Benefit Trust Share Purchase
2nd Dec 20259:22 amRNSEmployee Benefit Trust Share Purchase
24th Nov 20259:03 amRNSHolding(s) in Company
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11th Nov 20257:00 amRNSTrading Update
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23rd Oct 20251:21 pmRNSDirector/PDMR Shareholding
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13th Oct 202510:15 amRNSEmployee Benefit Trust Share Purchase
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20th May 20257:43 amRNS-RProgressive publishes new research
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11th Apr 20259:18 amRNSDirector / PCA Shareholdings
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26th Mar 20255:53 pmRNSAnnual Report & Accounts 2024 & Notice of AGM 2025
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20th Mar 20252:44 pmRNSHolding(s) in Company
20th Mar 20257:00 amRNSGrant under Performance Share Plan
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12th Mar 20258:14 amRNS-RProgressive publishes new research
12th Mar 20257:00 amRNSFull Year Results
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4th Feb 20257:00 amRNSDirectorate Change
23rd Jan 20257:00 amRNSFull Year 2024 Trading Update
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2nd Jan 202511:38 amRNSDirector/PDMR Shareholding
11th Nov 20247:00 amRNSTrading update to the end of the October
4th Nov 202410:24 amRNSHolding(s) in Company
30th Oct 20244:54 pmRNSHolding(s) in Company
28th Oct 202411:51 amRNSHolding(s) in Company
2nd Oct 20245:35 pmRNSGrant of Options under 2024 SAYE Scheme
11th Sep 20247:00 amRNSDirectorate Change
5th Sep 202411:49 amRNSHolding(s) in Company
2nd Sep 20249:59 amRNSHolding(s) in Company

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