Forterra Regulatory News (FORT)

NOTIFICATION OF MAJOR HOLDINGSi

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Forterra PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Vulcan Value Partners, LLC, a Delaware limited liability company ("Vulcan")

City and country of registered office (if applicable)

Birmingham, Alabama, Unites States

4. Full name of shareholder(s) (if different from 3.)v

Name

Vulcan Value Partners, LLC is the investment advisor to (1) Vulcan Value Partners Small Cap Fund, a US mutual fund, and (2) a number of separately-managed client accounts.

The custodian for the US mutual fund is BNY Mellon.

Various custodians, numbering 13 in total, serve as custodian for the separately-managed accounts. See additional information for the full list.

City and country of registered office (if applicable)

Birmingham, Alabama, United States

5. Date on which the threshold was crossed or reachedvi:

January 27, 2021

6. Date on which issuer notified (DD/MM/YYYY):

27/01/21

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

12.51%

N/A

12.51%

28,613,139

Position of previous notification (if

applicable)

13.73%

N/A

13.73%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary Shares

GB00BYYW3C20

N/A

28,613,139

N/A

12.51%

SUBTOTAL 8. A

28,613,139

12.51%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

SUBTOTAL 8. B 1

N/A

N/A

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

N/A

N/A

N/A

N/A

N/A

N/A

SUBTOTAL 8.B.2

N/A

N/A

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

X

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Vulcan Value Partners, LLC is controlled by C.T. Fitzpatrick by virtue of C.T. Fitzpatrick holding a majority of voting and economic rights in it.

12.51%

N/A

12.51%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

The 13 custodians referred to in item 4 above are as follows:

Bank of New York - Mellon

Comerica Bank

Fidelity

Fifth Third Bank

JP Morgan

Key Bank

Morgan Stanley Dual Contract

Northern Trust

Pershing

PNC Bank

State Street

US Bank

Wells Fargo Trust

Place of completion

Birmingham, Alabama, United States

Date of completion

January 27, 2021