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LONDON - Forterra plc announced Monday that its Employee Benefit Trust will initiate a monthly share purchase program starting October 8, 2025. The program, managed by Apex Financial Services (Jersey) Limited as Trustee, is expected to continue through the end of 2026.
According to the company’s press release statement, approximately 150,000 ordinary shares will be purchased monthly. These shares will be used to settle awards granted under Forterra’s employee share schemes, including the Performance Share Plan, Deferred Annual Bonus Plan, and Sharesave Plan.
The Trust currently holds 1,809,279 ordinary shares in Forterra, representing 0.85% of the company’s voting rights.
Forterra plc is listed on the London Stock Exchange. The company made the announcement through a regulatory news service filing.
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