8-K

CRH PUBLIC LTD CO 8-K Report (Oct 2, 2007)

Filed October 2, 2007For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on October 1, 2007, provides an update on the status of unallotted securities under various share option schemes as of September 30, 2007. The report details the balances of securities available for issuance from the 1990 Share Option Scheme, the 1990 U.K. Share Option Scheme, the 2000 Share Option Scheme (both general and UK variants), and the 2000 Savings Related Share Option Scheme (both Republic of Ireland and UK variants). Investors can glean insights into CRH's long-term incentive plans and the potential dilution from the issuance of shares under these schemes. The total number of unallotted securities across all listed schemes stands at approximately 27.1 million, with a notable portion of this balance stemming from the larger 2000 Share Option Scheme. The filing also specifies the number of securities that were issued or allotted during the reporting period (April 1, 2007, to September 30, 2007), indicating active use of these incentive programs.

Key Highlights

  • 1CRH plc filed a Blocklisting Interim Review on October 1, 2007, detailing its share option schemes.
  • 2The report covers the period from April 1, 2007, to September 30, 2007.
  • 3As of September 30, 2007, CRH had a total of 7,998,891 unallotted securities under the 1990 Share Option Scheme.
  • 4The 2000 Share Option Scheme (RA/CRHplc/00024) had the largest balance of unallotted securities at 17,766,402.
  • 5A total of 720,177 securities were issued/allotted across all schemes during the six-month period.
  • 6The 2000 Savings Related Share Option Scheme (United Kingdom) saw an increase of 200,000 securities during the period.
  • 7Angela Malone, Company Secretary, is listed as the contact person for these filings.

Frequently Asked Questions

This 8-K filing is a "Blocklisting Interim Review" which reports on the status of CRH's various share option schemes. It provides an update on the number of securities that are available for allotment or issuance under these schemes, as well as the number that were issued during the reporting period.

As of September 30, 2007, the total number of unallotted securities across all the reported share option schemes was approximately 27,075,267. The largest individual balances were in the 1990 Share Option Scheme (7,998,891) and the 2000 Share Option Scheme (RA/CRHplc/00024) (17,766,402).

Yes, CRH issued or allotted a total of 720,177 securities under its various share option schemes between April 1, 2007, and September 30, 2007. The 2000 Share Option Scheme (RA/CRHplc/00024) saw the highest number of issuances at 505,439.

In this context, 'Blocklisting' refers to the listing of a block of securities, typically those to be issued under employee share option schemes or similar employee benefit plans, on a stock exchange. This filing ensures that the market is aware of the potential pool of shares that can be issued and allocated, managing expectations regarding share capital changes.