Grant under Deferred Annual Bonus Plan

Forterra plc

20 March 2026

 

20 March 2026

Forterra plc

Grant under Deferred Annual Bonus Plan

Forterra plc (the "Company") announces that, on 19 March 2026, share option awards over ordinary shares of £0.01 each in the capital of the Company were granted to Executive Directors under the Forterra plc Deferred Annual Bonus Plan ("DABP") as follows:

Name of Director	Number of shares over which the award is granted
Neil Ash - Chief Operating Officer	130,906
Ben Guyatt - Chief Financial Officer	92,324
Total	223,230

These awards represent the deferral into ordinary shares of part of the Executive Directors' 2025 bonus entitlements under the rules of the Scheme.

No consideration was paid for the grant of the awards which are structured as nominal cost options at an option exercise price of £0.01 per ordinary share. The number of ordinary shares granted under the award has been calculated using a share price of £162.56 being an average of the closing mid-market share price for the five days commencing on 12 March 2026 being the date after announcing the Company's 2025 results.

The awards will normally vest on 19 March 2029, subject to the participant being an employee of the Company at that time. Once vested, the award shall normally remain exercisable until the day before the tenth anniversary of the date of grant. Further terms and conditions of the DABP are set out in the Annual Report and Accounts.

The above notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulations.

Enquiries

Forterra plc:	[phone]
Frances Tock (Company Secretary)
FTI Consulting (public relations adviser to Forterra):	[phone]
Richard Mountain
Nick Hasell

 

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