8-K

CRH PUBLIC LTD CO 8-K Report (Mar 7, 2003)

Filed March 7, 2003For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on March 6, 2003, details notifications of interests of Directors and the Secretary regarding their shareholdings. Specifically, it reports that Director Henry P. Sheridan acquired 1,049 Ordinary Shares under an employee share participation scheme at a price of EUR12.10 per share. Director William I. O'Mahony also acquired 1,049 Ordinary Shares under the same scheme at the same price. Additionally, Secretary Angela Malone acquired 825 Ordinary Shares through the employee share participation scheme, also at EUR12.10 per share. These transactions, occurring on March 5, 2003, reflect the directors' and secretary's continued investment in the company through established employee benefit programs. The total holdings after these acquisitions are updated. Henry P. Sheridan's total holding following this notification is 818,423 shares, and William I. O'Mahony's total holding is 454,889 shares. Angela Malone's total holding is now 20,457 shares. The filing serves to keep the market informed about insider share transactions and to ensure transparency regarding director and officer ownership, which is a key consideration for investors evaluating corporate governance and insider sentiment.

Key Highlights

  • 1Director Henry P. Sheridan acquired 1,049 CRH Ordinary Shares under an employee share participation scheme.
  • 2Director William I. O'Mahony acquired 1,049 CRH Ordinary Shares under an employee share participation scheme.
  • 3Secretary Angela Malone acquired 825 CRH Ordinary Shares under an employee share participation scheme.
  • 4All acquired shares were purchased at a price of EUR12.10 per share.
  • 5The transactions occurred on March 5, 2003.
  • 6Post-acquisition, Henry P. Sheridan holds a total of 818,423 shares.
  • 7Post-acquisition, William I. O'Mahony holds a total of 454,889 shares.
  • 8Post-acquisition, Angela Malone holds a total of 20,457 shares.

Frequently Asked Questions

This filing reports the acquisition of ordinary shares by directors and the secretary under an employee share participation scheme.

The shares were acquired at a price of EUR12.10 per share.

Acquisitions of shares through employee share participation schemes are typically part of a company's compensation and retention strategy. While these transactions reflect the insiders' continued participation in the company's equity, they are within the framework of established employee benefit programs and may not necessarily signal a change in outlook beyond normal participation.

The contact person for queries is Neil Colgan, with a telephone number of +353 1 6344340.