Grant of Options under 2025 SAYE Scheme
Forterra plc announced on October 2, 2025, the grant of options under its Employee Sharesave Scheme, allowing participants to save up to £500 per month over three years. A total of 981,153 options over ordinary shares of £0.01 each were granted with an exercise price of £1.51 per share. The options have a contract start date of December 1, 2025, and are exercisable between December 1, 2028, and May 31, 2029. Within these options, Sarah Renton (Group People Director) received 4,230 options. The exercise of options on maturity is not dependent upon performance criteria.
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Forterra plc (the "Company") 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 2 October 2025 the Company granted options over 981,153 ordinary shares of £0.01 each. The exercise price which was set in accordance with HM Revenue and Customs rules was £1.51 per share. The options have a contract start date of 1 December 2025 and are exercisable between 1 December 2028 and 31 May 2029. The exercise of options on maturity is not dependent upon performance criteria.
| PDMR | Number of options granted |
|---|---|
| Sarah Renton (Group People Director) | 4,230 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.