8-K

CRH PUBLIC LTD CO 8-K Report (Mar 9, 2007)

Filed March 9, 2007For Securities:CRH

Summary

This Form 6-K filing from CRH Public Ltd Co. on March 8, 2007, reports on transactions by individuals discharging managerial responsibilities within the company. Specifically, it details the acquisition of ordinary shares by several directors and senior managers under an employee share participation scheme. The transactions occurred on March 7, 2007, in Dublin, at a price of EUR 31.50 per share. These filings are important for investors as they provide transparency into insider dealings and can signal management's confidence in the company's prospects. While these specific transactions represent acquisitions under an established scheme, they confirm continued investment by key personnel in CRH's stock at a particular price point, which can be a factor in investor sentiment.

Key Highlights

  • 1Multiple CRH directors and persons discharging managerial responsibilities (Angela Malone, Albert Manifold, Jack Golden, Liam Hughes, Myles P. Lee, William I. O'Mahony) acquired ordinary shares.
  • 2All acquisitions were made under an employee share participation scheme.
  • 3The transaction date for all reported acquisitions was March 7, 2007.
  • 4The acquisition price per share was EUR 31.50 for all individuals.
  • 5The filing details the number of shares acquired by each individual, ranging from 402 to 403 shares.
  • 6The total holdings following these acquisitions are also reported for each individual.
  • 7The notification was made in accordance with Market Abuse Rules and relevant sections of the Companies Act 1990.

Frequently Asked Questions

This filing reports the acquisition of ordinary shares by several individuals holding managerial responsibilities within CRH plc. These acquisitions were made as part of an employee share participation scheme.

The individuals reported are Angela Malone, Albert Manifold, Jack Golden, Liam Hughes, Myles P. Lee (who is also the Finance Director), and William I. O'Mahony. These individuals are identified as persons discharging managerial responsibilities or directors.

Each individual acquired shares at a price of EUR 31.50 per ordinary share.

The filing shows a modest increase in the shareholdings of several key personnel through an employee share participation scheme. While these are acquisitions, they are part of a structured program and the specific number of shares acquired by each individual is relatively small compared to their total holdings, indicating a continuation of their participation rather than a large new investment.