8-K

CRH PUBLIC LTD CO 8-K Report (Aug 31, 2006)

Filed August 31, 2006For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company details transactions related to shareholdings of individuals discharging managerial responsibilities. Specifically, it reports on the exercise of savings-related share options by Declan W. Doyle and Albert Manifold. These transactions involve the acquisition of ordinary shares of CRH plc at specified prices per share. The filing serves to inform the market about changes in the direct and indirect holdings of key company personnel, which is a standard disclosure requirement under securities regulations.

Key Highlights

  • 1Notification of transactions by persons discharging managerial responsibilities within CRH plc.
  • 2Declan W. Doyle exercised savings-related share options, acquiring 1,128 ordinary shares at EUR 10.63 each.
  • 3Albert Manifold exercised savings-related share options, acquiring 1,361 ordinary shares at EUR 15.39 each.
  • 4These transactions reflect the exercise of pre-existing share options, not new grants or disposals of existing shares.
  • 5The filing details the post-transaction total holdings for both individuals: Declan W. Doyle now holds 190,295 shares and Albert Manifold holds 4,618 shares.
  • 6Both transactions were notified to the issuer on August 30, 2006, and reported by the issuer on August 31, 2006.

Frequently Asked Questions

This filing reports on the exercise of savings-related share options by two individuals discharging managerial responsibilities: Declan W. Doyle and Albert Manifold. This means they used options previously granted to them to purchase CRH ordinary shares.

No, the filing explicitly states the nature of the transaction as 'Exercise of savings-related share option' and details the 'Number of shares... acquired'. There is no indication of share disposals in these specific transactions.

These transactions provide insight into the equity participation of CRH's management. The exercise of options at the reported prices (EUR 10.63 and EUR 15.39) can be seen as an indicator of their belief in the company's value. The filing ensures transparency regarding insider holdings.

The notifications were made by Angela Malone, Company Secretary, on behalf of CRH plc. The 8-K report itself was signed by M. Lee, Finance Director.