8-K

CRH PUBLIC LTD CO 8-K Report (Nov 3, 2006)

Filed November 3, 2006For Securities:CRH

Summary

This Form 8-K filing by CRH Public Limited Company (CRH) on November 3, 2006, primarily serves as a notification of transactions related to shareholdings by Directors and Persons Discharging Managerial Responsibility (PDMRs). The core of the filing is the confirmation of scrip dividends issued to several key individuals within the company, including Declan W. Doyle, Thomas W. Hill, David M. Kennedy, Jan Maarten de Jong, Kieran McGowan, Patrick J. Molloy, Daniel N. O'Connor, William I. O'Mahony, Angela Malone, Jack Golden, and Albert Manifold. These transactions represent the acquisition of a small number of ordinary shares at a price of EUR27.12 per share, with updated total holdings being disclosed for each individual post-transaction. While this filing doesn't disclose major strategic shifts or financial performance figures, it provides transparency into insider share ownership changes. For investors, these notifications are important for understanding the direct involvement and financial commitment of CRH's leadership in the company's stock. The consistent use of scrip dividends suggests a policy of encouraging share accumulation among management, potentially aligning their interests with those of other shareholders, though the individual amounts are relatively small.

Key Highlights

  • 1Notification of shareholding transactions for multiple Directors and Persons Discharging Managerial Responsibility (PDMRs) within CRH plc.
  • 2The primary transaction reported for all individuals is the acquisition of ordinary shares through a Scrip Dividend.
  • 3The scrip dividend was issued at a price of EUR27.12 per share.
  • 4Several key individuals, including Declan W. Doyle, Thomas W. Hill, David M. Kennedy, and William I. O'Mahony, reported increased shareholdings post-transaction.
  • 5David M. Kennedy's notification also includes transactions related to his spouse and a trust, indicating connected person holdings.
  • 6The filing confirms that these transactions were notified in accordance with Market Abuse Rules and relevant Companies Act provisions.
  • 7The overall number of shares acquired by individuals through this scrip dividend appears to be modest in relation to their total holdings.

Frequently Asked Questions

The main purpose of this 8-K filing is to report on transactions involving the shares of CRH plc by its Directors and Persons Discharging Managerial Responsibility (PDMRs). Specifically, it details the acquisition of shares through a scrip dividend program.

The filing names several Directors and PDMRs, including Declan W. Doyle, Thomas W. Hill, David M. Kennedy, Jan Maarten de Jong, Kieran McGowan, Patrick J. Molloy, Daniel N. O'Connor, William I. O'Mahony, Angela Malone, Jack Golden, and Albert Manifold, as well as some connected persons such as David M. Kennedy's spouse.

The reported transaction for all individuals was the acquisition of CRH ordinary shares via a Scrip Dividend. This means they received new shares instead of a cash dividend, with each share valued at EUR27.12.

No, this filing exclusively reports the acquisition of shares through a scrip dividend. There are no indications of any share disposals by these individuals in this specific filing.