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Employee Benefit Trust Share Purchase

15th Jan 2019 13:38

RNS Number : 1643N
Forterra plc
15 January 2019
 

15 January 2019

 

Forterra plc

 

Employee Benefit Trust Share Purchase

 

Further to the announcement of 19 December 2018 outlining changes in the planned programme of share purchases to be made by the Forterra Employee Benefit Trust whereby approximately 450,000 ordinary shares a month are to be purchased.

 

On 14 January 2019 the Company was notified by Link Trustees (Jersey) Limited acting as Trustee that on 11 January 2019 the Trust completed the purchase of 249,283 ordinary shares of 1p each in the Company at an average price of £2.4278. This purchase completes the January purchases under the share purchase programme.

 

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 2,502,664 ordinary shares in the Company representing 1.25% of the Company's current voting rights.

 

 

Enquiries:

 

Forterra plc

+44 (0) 1604 707 600

Shatish Dasani (CFO)

Ben Guyatt (Company Secretary)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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