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Forterra plc announced on 13 October 2025 that on 8 October 2025, Apex Financial Services (Jersey) Limited, as Trustee of the Forterra Employee Benefit Trust, agreed to commence a programme of monthly share purchases. Approximately 150,000 ordinary shares of 1p each will be purchased each month under this programme, which is expected to last until the end of 2026. As of the announcement date, the Trust held 1,809,279 ordinary shares, representing 0.85% of the Company's current voting rights.
| Date | 13 Oct 2025 |
| Time | 10:15:04 |
| Category | Capital structure |
| ID | 1149D |
13 October 2025
Forterra plc
Employee Benefit Trust Share Purchase
Forterra plc (the "Company") announces that on 8 October 2025 it was agreed that Apex Financial Services (Jersey) Limited acting as Trustee of the Forterra Employee Benefit Trust (the "Trust") will commence the purchase of ordinary shares of 1p each in the Company as part of a planned programme of monthly share purchases which is expected to last until the end of 2026.
It is expected that approximately 150,000 shares will be purchased each month under this programme. These shares will ultimately be used by the Trust for the settlement of awards granted under the Company's employee share schemes, namely the Performance Share Plan (PSP), the Deferred Annual Bonus Plan (DABP) and the Sharesave Plan (SAYE).
At the date of this announcement the Trust held 1,809,279 ordinary shares in the Company representing 0.85% of the Company's current voting rights.
Enquiries
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Forterra plc: |
+44 (0) 1604 707 600 |
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Ben Guyatt (CFO) |
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Frances Tock (Company Secretary) |
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Forterra plc
Further information relating to the Company and its group can be found at www.forterraplc.co.uk