LSF9 Concrete II sells stake in Forterra

LSF9 Concrete II Ltd has sold its 53% stake in Forterra.

LSF9 Concrete II Ltd has sold 105,666,827 Forterra ordinary shares at 195p apiece.

It said that due to strong investor demand the size of the placing had been increased from its launch size and that following completion it would cease to hold any ordinary shares in the company.