8-K

CRH PUBLIC LTD CO 8-K Report (Sep 1, 2004)

Filed September 1, 2004For Securities:CRH

Summary

This 8-K filing from CRH Public Ltd Co reports on two significant director shareholding transactions that occurred on August 31, 2004. Director Patrick J. Molloy purchased 5,000 ordinary shares at EUR 19.00 per share, increasing his total holding to 12,968 shares. Concurrently, Director John Wittstock exercised share options to acquire 18,986 ordinary shares at a price of EUR 6.5347 per share, bringing his total holding to 75,641 shares. These transactions provide insight into insider confidence and equity participation within CRH's leadership.

Key Highlights

  • 1Director Patrick J. Molloy purchased 5,000 ordinary shares of CRH plc.
  • 2The purchase price for Mr. Molloy's shares was EUR 19.00 per share.
  • 3Mr. Molloy's total shareholding increased to 12,968 ordinary shares following the purchase.
  • 4Director John Wittstock exercised options to acquire 18,986 ordinary shares.
  • 5The exercise price for Mr. Wittstock's options was EUR 6.5347 per share.
  • 6Mr. Wittstock's total shareholding increased to 75,641 ordinary shares after exercising options.
  • 7All transactions were disclosed on August 31, 2004, and reported to the SEC on August 31, 2004.

Frequently Asked Questions

This filing reports on director shareholdings, specifically the purchase of shares by Director Patrick J. Molloy and the exercise of share options by Director John Wittstock.

Insider transactions, such as these, can be viewed as indicators of management's confidence in the company's future performance. A director purchasing shares or exercising options suggests they believe the stock price will appreciate or that the company is performing well.

Director Patrick J. Molloy purchased 5,000 shares at EUR 19.00 each, resulting in a total cost of EUR 95,000 (5,000 shares * EUR 19.00/share).

Director John Wittstock acquired shares at EUR 6.5347 and his total holding became 75,641 shares. The immediate financial benefit depends on the market price of CRH shares at the time of exercise, which is not detailed in this specific filing but represents the difference between the market price and his exercise price for the 18,986 shares.