Forterra plc Employee Benefit Trust Share Purchase (8684R)
05 March 2019 - 7:45PM
UK Regulatory
TIDMFORT
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 GBP2.885. 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)
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END
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