Vulcan Value Partners, LLC, an investment advisor, has acquired voting rights in Forterra PLC. The acquisition took place on August 21, 2023, and was notified to the issuer on August 22, 2023. Vulcan Value Partners now holds a total of 26,514,417 voting rights in Forterra PLC, representing 12.46% of the total voting rights.
The voting rights are held through direct ownership of shares, with no voting rights held through financial instruments. Vulcan Value Partners is the investment advisor to Vulcan Value Partners Small Cap Fund, a US mutual fund, as well as a number of separately-managed client accounts. The custodian for the US mutual fund is BNY Mellon, and there are a total of 23 custodians for the separately-managed accounts.
This notification of major holdings provides transparency regarding the ownership and voting rights in Forterra PLC.