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On 1 October 2026, Forterra plc granted options over 3,975,244 ordinary shares of £0.01 each under its 2026 SAYE Scheme, with an exercise price of £1.15 per share. These options have a contract start date of 1 December 2026 and are exercisable between 1 December 2029 and 31 May 2030. Specific Persons Discharging Managerial Responsibilities (PDMRs) received options, including Neil Ash (15,826), Mark Davies (15,826), James Cornish (15,826), Frances Tock (9,495), and Sarah Renton (4,747).
| Date | 1 Oct 2026 |
| Time | 17:00:09 |
| Category | Director/PDMR dealings |
| ID | 2976X |
1 October 2026
Forterra plc
Grant of Options under 2026 SAYE Scheme
Forterra plc ("Forterra" or the "Company"), a leading UK manufacturer of essential clay and concrete building products, is pleased to announce that it has granted options under its Employee Sharesave Scheme (the “Scheme”) which is open to all employees subject to certain requirements. Participants can choose to save up to £500 per month over a 3 year period.
Pursuant to the scheme, on 1 October 2026 the Company granted options over 3,975,244 ordinary shares of £0.01 each. The exercise price which was set in accordance with HM Revenue and Customs rules was £1.15 per share. The options have a contract start date of 1 December 2026 and are exercisable between 1 December 2029 and 31 May 2030. The exercise of options on maturity is not dependent upon performance criteria.
Within the options described above, options were granted to the following Persons Discharging Managerial Responsibilities (PDMRs)
|
PDMR |
Number of options granted |
|
Neil Ash (Chief Executive Officer) |
15,826 |
|
Sarah Renton (Chief People Officer) |
4,747 |
|
Mark Davies (Chief Operating Officer) |
15,826 |
|
James Cornish (Group Commercial Director) |
15,826 |
|
Frances Tock (Company Secretary) |
9,495 |
Enquiries:
|
Forterra plc |
+44 (0) 1604 707 600 |
|
Frances Tock (Company Secretary)
|
|
|
FTI Consulting |
+44 (0)20 3727 1340 |
|
Richard Mountain / Victoria Hayns |
|
LEI: 213800O5DD6ATBVJAD23