Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Employee Benefit Trust Share Purchase

16 Apr 2018 07:25

RNS Number : 9473K
Forterra plc
16 April 2018
 

16 April 2018

Forterra plc

Employee Benefit Trust Share Purchase

As outlined in the results statement released on 14 March 2018, Forterra plc (the "Company") announces that on 13 April 2018 it was agreed that Link Trustees (Jersey) Limited acting as Trustee of the Forterra Employee Benefit Trust (the "Trust") will commence the purchase of ordinary shares of 1p each in the Company as part of a planned programme of monthly share purchases which is expected to last until the end of 2019.

 

It is expected that approximately 240,000 shares will be purchased each month under this programme. 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).

 

At the date of this announcement the Trust held 71 ordinary shares in the Company representing 0.00% of the Company's current voting rights.

Enquiries

Forterra plc:

+44 (0) 1604 707 600

Ben Guyatt (Company Secretary)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCIAMLTMBMBBMP

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.