Summary
This 8-K filing reports on a transaction involving a person discharging managerial responsibilities (PDMR) at CRH Public Limited Company (CRH). Specifically, it details the purchase of CRH ordinary shares by Myles P. Lee, the Finance Director, on September 1, 2008. This transaction indicates a direct investment by a key executive in the company's stock, which can be interpreted as a positive signal regarding their confidence in CRH's future prospects.
Key Highlights
- 1CRH Finance Director, Myles P. Lee, purchased 7,500 ordinary shares of CRH plc.
- 2The share purchase occurred on September 1, 2008, at a price of €17.61 per share.
- 3This notification relates to both Market Abuse Rules and disclosures under the Companies Act 1990.
- 4The purchase is of ordinary shares with a nominal value of €0.32 each.
- 5Myles P. Lee's total holding following the transaction increased to 271,923 shares, including deferred shares.
- 6The company was informed of the transaction on September 1, 2008, and the notification was filed on September 2, 2008.
Frequently Asked Questions
Myles P. Lee is the Finance Director of CRH Public Limited Company. He is identified as a person discharging managerial responsibilities (PDMR).
The filing reports on the purchase of CRH ordinary shares by Myles P. Lee. He acquired 7,500 shares at a price of €17.61 per share on September 1, 2008.
When a company's director or a person in a senior management position purchases shares, it often signals their confidence in the company's current valuation and future performance. It can be viewed as an insider's positive outlook on the company's prospects.
Following the purchase of 7,500 shares, Myles P. Lee's total holding increased to 271,923 ordinary shares, which includes 13,677 Deferred Shares.