FORTERRA PLC

Major Shareholding Notification • Dec 8, 2022

National Storage Mechanism | Additional information

RNS Number : 0500J

Forterra plc

08 December 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BYYW3C20

Issuer Name

FORTERRA PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Vulcan Value Partners, LLC

City of registered office (if applicable)

Birmingham

Country of registered office (if applicable)

United States

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

07-Dec-2022

6. Date on which Issuer notified

07-Dec-2022

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	11.250000	0.000000	11.250000	23934686
Position of previous notification (if applicable)	12.470000	0.000000	12.470000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BYYW3C20		23934686		11.250000
Sub Total 8.A	23934686		11.250000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
C.T. Fitzpatrick	Vulcan Value Partners, LLC	11.250000		11.250000%

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Vulcan Value Partners, LLC is the investment advisor to (1) Vulcan Value Partners Small Cap Fund, a US mutual fund, and (2)a number of separately-managed client accounts.

The custodian for the US mutual fund is BNY Mellon.

Various custodians, numbering 23 in total, serve as cutodian for the separately-managed accounts. Those custodians are as follows:

Bank of America Merrill Lynch

Bank of New York Mellon

CITI Private Bank

Comerica Bank

Fidelity

Fifth Third Bank

First Western

JP Morgan

Key Bank

M&T Bank

Marshall & Ilsley

Merrill Lynch

Morgan Stanley

Northern Trust

Pershing

PNC Bank

Regions Trust

Schwab

State Street

IBT

UMB Bank

US Bank

Wells Fargo

12. Date of Completion

07-Dec-2022

13. Place Of Completion

Birmingham, Alabama, United States

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