8-K

CRH PUBLIC LTD CO 8-K Report (Sep 13, 2006)

Filed September 13, 2006For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, which is a report of a foreign issuer, to provide an update regarding its 2006 interim dividend. The key information for investors concerns the Scrip Alternative for this dividend, which allows shareholders to receive new shares instead of a cash dividend. The filing specifies the price of a new share and the exact number of existing shares required to receive one new share under the scrip option, with differing ratios depending on whether dividend withholding tax applies. This announcement is important for CRH shareholders who are considering their dividend options. The scrip alternative offers a way to increase their shareholding in the company without immediate cash outlay, potentially impacting their overall investment strategy and tax position. Investors should carefully review the terms, including the share price and entitlement ratios, to make an informed decision about participating in the scrip dividend.

Key Highlights

  • 1CRH plc announced the details of its 2006 Interim Dividend Scrip Alternative.
  • 2The price for a New Share under the Scrip Alternative is set at EUR27.12.
  • 3Shareholders can elect to receive new shares instead of a cash dividend.
  • 4The entitlement ratio for new shares varies based on dividend withholding tax applicability.
  • 5For shareholders subject to dividend withholding tax, the ratio is one new share for every 251.111111 shares held.
  • 6For shareholders not subject to dividend withholding tax, the ratio is one new share for every 200.888889 shares held.
  • 7The filing was made as a Form 6-K by the foreign issuer CRH plc.

Frequently Asked Questions

The 2006 Interim Dividend Scrip Alternative is an option offered by CRH plc to its shareholders. Instead of receiving a cash payment for their interim dividend, shareholders can choose to receive additional CRH shares.

The price of a new share in respect of the 2006 Interim Dividend Scrip Alternative has been set by CRH plc at EUR27.12.

The number of shares required depends on whether dividend withholding tax applies to you. If dividend withholding tax applies, you are entitled to one new share for every 251.111111 shares held. If dividend withholding tax does not apply, you are entitled to one new share for every 200.888889 shares held.

This filing is important as it provides concrete details about the scrip dividend option, including the share price and the conversion ratios. Investors need this information to decide if opting for new shares is financially beneficial for them, considering potential increases in their shareholding and any tax implications.