Summary
This SEC Form 6-K filing by CRH Public Limited Company (CRH) on March 8, 2007, primarily concerns a transaction by a Director/PDMR (Person Discharging Managerial Responsibility). Specifically, it details the purchase of CRH ordinary shares by Mr. Terence V. Neill. This type of filing is important for investors as it provides transparency into the stock holdings of key company insiders, which can offer insights into their confidence in the company's future prospects.
Key Highlights
- 1Notification of a transaction by a Director/Person Discharging Managerial Responsibility (PDMR) at CRH plc.
- 2Mr. Terence V. Neill, a director, purchased 6,000 ordinary shares of CRH.
- 3The purchase price per share was EUR 31.82.
- 4The transaction occurred on March 7, 2007, and was notified to the relevant stock exchanges.
- 5Following the purchase, Mr. Neill's total holding, along with that of Marjorie Neill and nominee accounts, amounts to 65,031 ordinary shares.
- 6The filing confirms that this notification relates to both Market Abuse Rules and certain sections of the Companies Act 1990.
- 7The company officially informed the issuer of the transaction on March 7, 2007, with the report filed on March 8, 2007.
Frequently Asked Questions
Terence V. Neill is identified as a Director and a Person Discharging Managerial Responsibility (PDMR) at CRH plc. This means he holds a senior position within the company and has access to material, non-public information.
Insider transactions, like the purchase of shares by a director, can be viewed as a signal of confidence in the company's performance and future prospects. A director buying shares suggests they believe the stock is undervalued or poised for growth.
Mr. Neill purchased 6,000 shares at EUR 31.82 per share. The total cost of this transaction would be 6,000 shares * EUR 31.82/share = EUR 190,920.
No, this specific filing by Mr. Terence V. Neill only reports a purchase of shares. There is no indication of any share disposals by him or any connected persons in this report.