March 24, 2020 / 3:03 PM / 17 days ago

BRIEF-Forterra PLC Suspends Final Dividend Payment On COVID-19

March 24 (Reuters) - Forterra PLC:

* UPDATE ON COVID-19

* GROUP HAS ACCESS TO A £150M REVOLVING CREDIT FACILITY EXTENDING TO JULY 2022.

* IN RECENT DAYS GROUP HAS TAKEN PRECAUTIONARY ACTION OF DRAWING THE FACILITY

* 2019 FINAL DIVIDEND SUSPENDED:

* BOARD REMAINS COMMITTED TO COMPLETION OF NEW DESFORD BRICK FACTORY

* AT THIS STAGE BOARD IS UNABLE TO QUANTIFY WHAT IMPACT COVID-19

* CURRENTLY UNABLE TO PROVIDE MEANINGFUL GUIDANCE ON FUTURE EARNINGS Source text for Eikon: Further company coverage:

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