TIDMFORT

RNS Number : 9625N

Forterra plc

26 May 2020

26 May 2020

Forterra plc (the "Company")

Director / PDMR Shareholdings

Further to the maturity of the Forterra 2016 Save As You Earn Scheme (SAYE) on 1 December 2019, on 26 May 2020 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       Exercise   Beneficial   % of 
                                    options      Price      interest     ISC 
                                    exercised 
 Adam      Commercial 
  Smith     Director     PDMR      13,333       GBP1.35    13,333       < 1% 
          ------------  --------  -----------  ---------  -----------  -----

The exercise price of GBP1.35 was set upon the launch of the scheme in 2016 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 
Ashley Thompson (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                                                      Adam Smith 
2.  Reason for the notification 
a)  Position/status                                           PDMR (Commercial 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          Ordinary Shares of 1p each 
    instrument 
    Identification code                                        GB00BYYW3C20 
b)  Nature of the transaction                                 Exercise of share options with an exercise price of 
                                                              GBP1.35p under the Forterra SAYE scheme 
c)  Price(s) and volume(s)                                     Transaction   Price(s)   Volume(s) 
                                                                Purchase      GBP1.35    13,333 options 
                                                                                          maturing 
                                                                             ---------  --------------- 
d)  Aggregated information                                     Transaction   Price(s)   Volume(s)   Total 
                                                                Purchase      GBP1.35    13,333      GBP18,000 
                                                                             ---------  ----------  ----------

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 rns@lseg.com or visit www.rns.com.

END

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May 26, 2020 09:25 ET (13:25 GMT)

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