Grant of Options under 2026 SAYE Scheme

Summary by AI BETAClose X

Forterra plc has granted options for 3,975,244 ordinary shares under its 2026 Employee Sharesave Scheme, with an exercise price of £1.15 per share, exercisable between December 1, 2029, and May 31, 2030. Options were also granted to Persons Discharging Managerial Responsibilities, including the Chief Executive Officer, Chief People Officer, Chief Operating Officer, Group Commercial Director, and Company Secretary, with the exercise of these options not dependent on performance criteria.

Disclaimer*

Forterra plc
01 October 2026
 

1 October 2026

 

Forterra plc

 

Grant of Options under 2026 SAYE Scheme

 

Forterra plc ("Forterra" or the "Company"), a leading UK manufacturer of essential clay and concrete building products, is pleased to announce that it has granted options under its Employee Sharesave Scheme (the “Scheme”) which is open to all employees subject to certain requirements.  Participants can choose to save up to £500 per month over a 3 year period. 

 

Pursuant to the scheme, on 1 October 2026 the Company granted options over 3,975,244 ordinary shares of £0.01 each.  The exercise price which was set in accordance with HM Revenue and Customs rules was £1.15 per share.  The options have a contract start date of 1 December 2026 and are exercisable between 1 December 2029 and 31 May 2030.  The exercise of options on maturity is not dependent upon performance criteria.

 

Within the options described above, options were granted to the following Persons Discharging Managerial Responsibilities (PDMRs)

 

PDMR

Number of options granted

Neil Ash (Chief Executive Officer)

15,826

Sarah Renton (Chief People Officer)

4,747

Mark Davies (Chief Operating Officer)

15,826

James Cornish (Group Commercial Director)

15,826

Frances Tock (Company Secretary)

9,495

 

Enquiries:

 

Forterra plc

+44 (0) 1604 707 600

Frances Tock (Company Secretary)

 

 

FTI Consulting

+44 (0)20 3727 1340

Richard Mountain / Victoria Hayns

 

 

LEI: 213800O5DD6ATBVJAD23

 

 

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Forterra (FORT)
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