Forterra PLCLSE: FORT

Forterra: Grant of Options under 2026 SAYE Scheme

· Issued by Forterra PLC

Summary by 6ix AI

Forterra plc, a UK maker of clay and concrete building products, granted options over 3,975,244 ordinary shares of £0.01 each on October 1, 2026 under its 2026 SAYE (Save As You Earn) employee sharesave scheme, which is open to all employees subject to certain requirements.

Key details

  • The exercise price is £1.15 per share, set under HM Revenue and Customs (the UK tax authority) rules.
  • Participants can save up to £500 per month over a 3 year period. The options have a contract start date of December 1, 2026 and can be exercised between December 1, 2029 and May 31, 2030.
  • Exercising the options on maturity does not depend on performance criteria.
  • Options went to senior managers (persons discharging managerial responsibilities): CEO Neil Ash 15,826; COO Mark Davies 15,826; Group Commercial Director James Cornish 15,826; Company Secretary Frances Tock 9,495; Chief People Officer Sarah Renton 4,747.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/grant-of-options-under-2026-saye-scheme

Forterra plc
01 October 2026

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

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