Forterra plc Employee Benefit Trust Purchases 75,000 Shares at £1.35 Each in July 2026 Acquisition Program

Forterra’s Employee Benefit Trust Completes July 15, 2026 Share Purchase at £1.351378 Average Price

On 16 July 2026, Forterra plc confirmed its Employee Benefit Trust completed the acquisition of 75,000 ordinary shares of 1p each on 15 July 2026 at an average price of £1.351378 per share. Apex Financial Services (Trust Company) Limited, acting as Trustee, notified the company of the transaction. This announcement was made via the Regulatory News Service (RNS) to comply with market transparency rules, keeping investors informed about material changes in the Trust’s shareholding.

This purchase represents a partial instalment under the ongoing monthly programme first announced on 13 October 2025, where the Trust is scheduled to acquire 150,000 shares monthly. The 75,000 shares bought in July 2026 reflect a partial monthly acquisition, possibly influenced by market conditions or timing, though no further explanation was provided.

Apex Financial Services Reports Trust’s Updated Holding of 3,051,568 Shares

Apex Financial Services (Trust Company) Limited, the Trustee managing Forterra’s Employee Benefit Trust, confirmed the completion of the share purchase on 15 July 2026. As fiduciary manager, Apex executes share purchases in line with the company’s programme to hold shares for future employee awards.

Following this transaction, the Trust’s total holding increased to 3,051,568 ordinary shares, representing approximately 1.48% of Forterra’s voting rights. This stake is an important indicator for investors monitoring the company’s shareholder structure, particularly concerning voting outcomes on director remuneration and share scheme approvals. The shares are held specifically to satisfy employee share scheme awards.

October 2025 Monthly Share Acquisition Programme Continues Through Mid-2026

The structured monthly acquisition programme was initially disclosed on 13 October 2025, setting out the plan for the Trust to purchase 150,000 shares each month. This approach allows Forterra to maintain a ready pool of shares for employee incentive awards without issuing new shares or causing dilution. The continuation of this programme into July 2026 demonstrates the company’s commitment to adequately funding its Employee Benefit Trust for remuneration purposes.

Such pre-announced acquisition programmes are common among FTSE and AIM-listed companies with active employee share plans. For Forterra, maintaining sufficient Trust holdings supports its strategy of rewarding and retaining employees across its manufacturing operations in England.

Forterra’s Manufacturing Role Provides Strategic Context for Employee Share Incentives

Forterra plc is a major UK manufacturer of clay bricks and building products, primarily operating in England. Its products serve the residential and commercial construction markets, with revenues linked to housing construction, infrastructure investment, and domestic construction demand. The company’s portfolio includes traditional clay bricks and other masonry and concrete products for new builds as well as repair and maintenance.

Using an Employee Benefit Trust to deliver share-based incentives aligns employee interests with shareholders, which is crucial for a manufacturing firm reliant on skilled workforce retention. These incentives help maintain employee engagement and long-term commitment, especially given the cyclical nature of the UK construction sector.

Understanding Forterra’s Ordinary Shares of 1p Each

The shares acquired by the Trust are ordinary shares with a nominal value of 1p each, a standard feature in UK plc capital structures. The nominal value does not reflect market price, which in this case averaged £1.351378 per share during the July 2026 purchase, indicating the company’s market valuation at that time.

The total cost of acquiring 75,000 shares at this price can be calculated by investors, although the announcement did not specify the total cash outlay for this transaction.

Investor Contacts: CFO Ben Guyatt and Company Secretary Frances Tock

Forterra named Chief Financial Officer Ben Guyatt and Company Secretary Frances Tock as contacts for investor and media enquiries related to this announcement. Both can be reached at +44 (0) 1604 707 600. The involvement of senior officers highlights Forterra’s commitment to transparent communication regarding Trust share activities.

Frances Tock ensures regulatory disclosure compliance, with the announcement issued promptly one day after the purchase, reflecting adherence to market disclosure requirements. Additional company information is available at www.forterraplc.co.uk.

Voting Rights Impact as Trust Holds 1.48% of Forterra’s Shares

The Trust’s holding of 3,051,568 shares, representing 1.48% of voting rights, is significant for governance analysis. While Employee Benefit Trusts are separate legal entities and trustees typically vote independently or abstain, this stake influences shareholder dynamics, especially at meetings on remuneration and share schemes.

Importantly, awards satisfied by transferring existing Trust shares avoid new share issuance and dilution, making the Trust’s holdings a non-dilutive reserve for employee incentives.

Construction Sector Cyclicality and UK Housebuilding Influence Forterra’s Outlook

Forterra’s performance is closely tied to UK construction activity, particularly new housebuilding in England. Factors such as planning approvals, mortgage conditions, interest rates, and housing policy affect demand for its products. These external variables represent ongoing risks for investors assessing the company’s earnings potential.

Employee share incentives funded through the Trust help retain skilled staff during market downturns, reducing operational disruption. The continuation of the acquisition programme into mid-2026 signals management’s commitment to long-term remuneration despite market challenges, although no explicit guidance was provided.

Share Price Context and Investor Insights on the £1.35 Acquisition Price

The £1.351378 average purchase price offers a benchmark for investors comparing it to Forterra’s market price at the time. The announcement did not comment on share price performance or immediate market impact. Investors should consult independent sources for current and historical price data.

Purchases by the Employee Benefit Trust are distinct from company share buybacks and should not be interpreted as valuation signals from the board. The Trust acquires shares solely to fulfill employee incentive awards rather than for capital management or shareholder returns.

Ongoing Disclosure and Investor Monitoring of Forterra’s Share Acquisition Programme

The monthly share purchase programme established in October 2025 is ongoing, with further RNS announcements expected as acquisitions continue. Investors and analysts should track these disclosures for updated figures on purchase volumes, average prices, and Trust holdings to monitor the programme’s progress.

Forterra’s investor relations team, including CFO Ben Guyatt and Company Secretary Frances Tock, remain available for enquiries. The Trust’s cumulative shareholding will remain a key metric for evaluating how the company balances employee remuneration with shareholder interests amid challenging conditions for UK building materials producers.