Director/PDMR Shareholding

By

Regulatory News | 21 May, 2024

Updated : 09:01

RNS Number : 1461P
Forterra plc
21 May 2024
 

21 May 2024

Forterra plc (the "Company")

Director / PDMR Shareholdings

Further to the maturity of the Forterra 2020 Save As You Earn Scheme (SAYE) on 1 December 2023, on 16 May 2024 the Company was notified by the scheme's administrators, Link Group, of the following PDMR transaction. The PDMR listed below exercised options over the share capital of the Company as follows:  

Name

Role

Status

No. of options exercised

Exercise Price

Beneficial interest

% of ISC

Ben Guyatt

Director

PDMR

12,080

£1.49

113,722

< 1%

The exercise price of £1.49 was set upon the launch of the scheme in 2020 in line with HMRC rules. 

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

Enquiries

Forterra plc:

+44 (0) 1604 707 600

Frances Tock (Company Secretary)




FTI Consulting:

+44 (0) 20 3727 1340

Richard Mountain/Nick Hasell


Further information relating to the Company and its group can be found at www.forterraplc.co.uk.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

George Stewart

2.

Reason for the notification

a)

Position/status

PDMR (Strategy and Development Director)

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Forterra plc

b)

LEI

5299007SD2PDQMKM5278

4.

Details of the transaction(s):

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 1p each

 

GB00BYYW3C20

b)

Nature of the transaction

Exercise of share options with an exercise price of £1.35p under the Forterra SAYE scheme

c)

Price(s) and volume(s)

Transaction

Price(s)

Volume(s)

 Purchase

£1.49

 

 

12,080 options maturing

 

d)

Aggregated information

 

Transaction

Price(s)

Volume(s)

Total

 Purchase

£1.49

12,080

£17,999.20

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHPPUUWAUPCGWU

Last news