Employee Benefit Trust Share Purchase
Released : 06/06/2023 12:57:00
RNS Number : 8383BForterra plc06 June 20236 June 2023
Forterra plc (the "Company")
Employee Benefit Trust Share Purchase
Further to the announcement of 14 December 2022 outlining a planned programme of share purchases to be made by the Forterra Employee Benefit Trust whereby 150,000 ordinary shares a month are to be purchased.
On 5 June 2023, the Company was notified by Apex Financial Services (Trust Company) Limited, acting as Trustee that on 2 June 2023 the Trust completed the purchase of 80,000 ordinary shares of 1p each in the Company at an average price of £1.88; and on the 6th June 2023 the Company was notified that on the 5th June the Trust completed the purchase of 70,000 ordinary shares of 1p each in the Company at an average price of £1.93.
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 6,541,168 ordinary shares in the Company representing 3.07% of the Company's current voting rights.
Enquiries:
Forterra plc |
+44 (0) 1604 707 600 |
Ashley Thompson (Company Secretary) |
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