8-K

CRH PUBLIC LTD CO 8-K Report (May 24, 2007)

Filed May 24, 2007For Securities:CRH

Summary

This Form 6-K filing by CRH Public Limited Company (CRH) reports on transactions involving director and person discharging managerial responsibilities (PDMR) shareholdings. Specifically, it details a transaction by Angela Malone, a PDMR, involving the exercise of share options and subsequent sale of shares. This type of filing is important for investors as it provides transparency into insider trading activities, indicating potential confidence or divestment by key company personnel. The filing shows that Angela Malone exercised options to acquire 5,489 ordinary shares of EUR0.32 each at a price of EUR12.6416 per share, and on the following day, sold the same number of shares at EUR35.55 per share. This transaction resulted in a net change in her direct beneficial holding but highlights a significant price difference between the option exercise price and the sale price, suggesting a profitable transaction for the PDMR.

Key Highlights

  • 1Notification of Director/PDMR Shareholding by CRH Public Limited Company.
  • 2Transaction involves Angela Malone, a Person Discharging Managerial Responsibilities (PDMR).
  • 3Angela Malone exercised share options for 5,489 ordinary shares at EUR12.6416 each.
  • 4Subsequently, Angela Malone sold 5,489 ordinary shares at EUR35.55 each.
  • 5The transactions were completed on May 23rd and May 24th, 2007.
  • 6Angela Malone's total holding following the notification is 36,630 ordinary shares.
  • 7The filing also notes a registered shareholding by AC Employee Benefit Trustees Limited of 1,475 shares.

Frequently Asked Questions

The filing reports on a transaction involving Angela Malone, a Person Discharging Managerial Responsibilities (PDMR) at CRH. She exercised share options to acquire 5,489 ordinary shares and subsequently sold the same number of shares.

Angela Malone exercised her options at EUR12.6416 per share and sold the shares at EUR35.55 per share. This indicates a significant profit margin on the transaction.

Following the exercise and sale, Angela Malone's total holding remains at 36,630 ordinary shares. The number of shares acquired through option exercise was offset by the number of shares sold, resulting in no net change to her total reported holding.

The notification was made by CRH Public Limited Company on behalf of Angela Malone. Neil Colgan, Assistant Company Secretary, is listed as the contact for queries and the duly designated officer responsible for making the notification.