8-K

CRH PUBLIC LTD CO 8-K Report (May 27, 2008)

Filed May 27, 2008For Securities:CRH

Summary

This SEC Form 6-K filing by CRH Public Limited Company (CRH) reports a transaction involving a person discharging managerial responsibilities (PDMR). Specifically, it details the acquisition of ordinary shares by Márítín Clarke. This transaction was characterized as the purchase of shares in lieu of a cash dividend, indicating a reinvestment of earnings by a key executive. The filing provides specific details on the number of shares acquired, the price per share, and the total holding post-transaction. For investors, this type of disclosure offers insight into insider confidence and executive compensation strategies. The transaction occurred on May 26, 2008, and the price per share was €23.85. Márítín Clarke's total holding following this transaction, including deferred shares, amounts to 48,043 ordinary shares.

Key Highlights

  • 1Report filed by CRH Public Limited Company (CRH) on May 27, 2008.
  • 2The filing is a Form 6-K, reporting a Director/PDMR Shareholding transaction.
  • 3Márítín Clarke, a person discharging managerial responsibilities, acquired CRH ordinary shares.
  • 4The acquisition was made in lieu of a cash dividend, suggesting a reinvestment strategy.
  • 5345 ordinary shares were acquired at a price of €23.85 per share.
  • 6Márítín Clarke's total shareholding following the transaction is 48,043 shares.
  • 7The transaction date was May 26, 2008.

Frequently Asked Questions

This Form 6-K filing serves to report a transaction involving a director or a person discharging managerial responsibilities (PDMR) within CRH. It specifically discloses the acquisition of shares by Márítín Clarke as part of his compensation or dividend distribution.

This indicates that instead of receiving a cash payment for a dividend, Márítín Clarke received CRH ordinary shares. This can be interpreted as an executive's continued investment in the company and potentially a sign of confidence in its future prospects. It also reflects a method of capital allocation where dividends are reinvested back into the company's stock.

Following the acquisition of 345 shares, Márítín Clarke's total holding in CRH ordinary shares increased to 48,043. This figure includes 5,731 deferred shares, providing a complete picture of his stake in the company after this specific transaction.

No, this filing details the acquisition of shares by Márítín Clarke, not a disposal. The transaction was a 'purchase of shares in lieu of cash dividend', indicating an addition to his holdings rather than a reduction.