FORT.L

Forterra Plc
Forterra plc - Director/PDMR Shareholding
6th June 2024, 14:34
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RNS Number : 4742R
Forterra plc
06 June 2024
 

6 June 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 4th June 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

Darren Rix

Director

PDMR

12,080

£1.49

34,994

< 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

Darren Rix

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

e)

Date of transaction

 4/6/2024

f)

Place of the transaction

 London Stock Exchange

 

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