8-K

CRH PUBLIC LTD CO 8-K Report (Aug 30, 2005)

Filed August 30, 2005For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) reports a significant notification received on August 26, 2005, from Bank of Ireland Asset Management Limited. The notification details that as of August 19, 2005, Bank of Ireland Asset Management held an interest in 47,454,013 ordinary shares of CRH, representing approximately 8.87% of the company's issued ordinary share capital. This disclosure is important for investors as it provides insight into substantial institutional ownership and potential changes in shareholding patterns. The filing breaks down the beneficial ownership across various nominee accounts managed by Bank of Ireland Nominees Ltd and other custodians, indicating a broad client base for this significant stake. For investors, understanding the concentration and management of large shareholdings can be a factor in assessing market sentiment and potential stock price movements, particularly if this holding were to be adjusted.

Key Highlights

  • 1Bank of Ireland Asset Management notified CRH of a significant shareholding as of August 19, 2005.
  • 2The total interest held was 47,454,013 Ordinary Shares of CRH plc.
  • 3This holding represents 8.87% of CRH's issued Ordinary Share Capital.
  • 4The disclosure indicates substantial institutional investment in CRH.
  • 5The shares are held across multiple nominee accounts managed by Bank of Ireland and other custodians.
  • 6The notification was received by CRH on August 26, 2005, and filed on August 29, 2005.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose a significant change in the beneficial ownership of CRH's ordinary shares. Specifically, it reports that Bank of Ireland Asset Management Limited holds a substantial interest in the company.

Bank of Ireland Asset Management Limited is an entity that manages assets on behalf of clients. In this filing, they have notified CRH that they hold a significant portion of the company's ordinary shares for their clients.

A holding of 8.87% by a single asset management firm signifies a substantial institutional investment in CRH. This level of ownership can influence market perception, potentially indicate confidence in the company's prospects, or suggest a notable position for future corporate actions. Investors should monitor such large holdings as they can impact stock liquidity and price movements.

The shares are held in various nominee names managed by Bank of Ireland Nominees Ltd and other custodians such as BNY (OCS) Nominees Limited, Vidacos Nominees Limited, BNY Custodial Nominees, Citibank Nominees Ltd, Mellon Nominees Limited, Nortrust Nominees Ltd, Roy Nominees Limited, Euroclear Nominees Limited, and BNY Custodial Nominees (Ireland) Limited. These nominees hold the shares on behalf of a range of clients who are the beneficial owners.