Employee Benefit Trust Share Purchase

RNS Number : 8684R
Forterra plc
05 March 2019
 

5 March 2019

Forterra plc

Employee Benefit Trust Share Purchase

Further to the announcement of 19 December 2018 outlining changes in the planned programme of share purchases to be made by the Forterra Employee Benefit Trust whereby approximately 450,000 ordinary shares a month are to be purchased.

 

On 4 March 2019 the Company was notified by Link Trustees (Jersey) Limited acting as Trustee that on 1 March 2019 the Trust completed the purchase of 76,011 ordinary shares of 1p each in the Company at an average price of £2.885.  The remainder of March's order remains with the Company's brokers and further announcements will be made as this order is fulfilled in due course. 

 

The Trust holds shares for the benefit of the Company's employees and in particular for the satisfying of awards made under the Company's various share schemes.

 

The Trust now holds 3,028,675 ordinary shares in the Company representing 1.51% of the Company's current voting rights. 

 

Enquiries:

Forterra plc

+44 (0) 1604 707 600



Shatish Dasani (CFO)

Ben Guyatt (Company Secretary)




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSUVSWRKUAORRR

Companies

Forterra (FORT)
UK 100

Latest directors dealings