Forterra Announces Executive Share Option Vesting

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Forterra Announces Executive Share Option Vesting

Forterra ( (GB:FORT) ) just unveiled an announcement.

Forterra plc announced the vesting of share options for its Executive Directors under the 2022 Deferred Annual Bonus Plan. The Chief Financial Officer, Ben Guyatt, exercised options and sold a portion of shares to cover tax liabilities, retaining the remainder. This transaction did not involve the issuance of new shares, as shares were transferred from the Forterra Employee Benefit Trust. The notification fulfills the company’s obligations under the Market Abuse Regulations.

More about Forterra

Forterra plc operates in the construction materials industry, primarily focusing on the production and supply of building products such as bricks, blocks, and precast concrete products.

YTD Price Performance: -3.70%

Average Trading Volume: 645,607

Technical Sentiment Signal: Buy

Current Market Cap: £322.8M

Find detailed analytics on FORT stock on TipRanks’ Stock Analysis page.

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