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FORT

-1.85%
NEUTRAL

Forterra Appoints New Independent Non-Executive Director

Why we think this is neutral

The RNS announcement regarding the appointment of Aysegul Sabanci as an Independent Non-Executive Director to the Forterra plc Board does not appear to have any material financial impact on the business. It is a standard regulatory announcement, and there are no concerning insights or red flags identified in the information provided.

Key Points

  • Appointment of Aysegul Sabanci as Independent Non-Executive Director
  • Aysegul has relevant industry experience in commercial, procurement and supply chain management
  • Appointment effective from 1 April 2025

Summary

The building materials company has appointed a new Independent Non-Executive Director with relevant industry experience.

Forterra plc, a leading UK manufacturer of essential clay and concrete building products, has announced the appointment of Aysegul Sabanci as an Independent Non-Executive Director to the Board, effective from 1 April 2025. Aysegul has previous experience in commercial, procurement and supply chain management roles, as well as serving as a Non-Executive Director on other boards. The appointment is described as a positive addition to Forterra's Board.

GENERAL UPDATE