Forterra plc Director/PDMR Shareholding
April 12 2024 - 7:09AM
RNS Regulatory News
RNS Number : 4752K
Forterra plc
12 April 2024
12 April 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
9 April 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
|
|
George Steward
|
Director
|
PDMR
|
12,080
|
£1.49
|
81,541
|
< 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
|
George Stewart
|
|
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
|
|
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