8-K

CRH PUBLIC LTD CO 8-K Report (Sep 4, 2008)

Filed September 4, 2008For Securities:CRH

Summary

This Form 6-K filing from CRH plc, dated September 4, 2008, primarily reports a transaction involving a person discharging managerial responsibilities (PDMR). Specifically, it details the exercise of savings-related share options by Angela Malone, the Company Secretary. Investors should note that Angela Malone acquired 1,956 ordinary shares of €0.32 each through this option exercise. The transaction took place on September 3, 2008, in Dublin, with an exercise price of €10.63 per share. Following this transaction, Angela Malone's total holding of CRH ordinary shares increased to 39,899. The filing confirms that this notification relates to both Market Abuse Rules and specific UK Companies Act disclosures, indicating adherence to regulatory requirements concerning insider dealings and shareholding by key personnel. This information is part of CRH's ongoing disclosure obligations.

Key Highlights

  • 1Notification of a transaction by a Person Discharging Managerial Responsibilities (PDMR).
  • 2Angela Malone, CRH Company Secretary, exercised savings-related share options.
  • 31,956 ordinary shares of €0.32 each were acquired.
  • 4The exercise price per share was €10.63.
  • 5The transaction occurred on September 3, 2008, in Dublin.
  • 6Angela Malone's total shareholding in CRH increased to 39,899 ordinary shares following the exercise.
  • 7The filing adheres to both Market Abuse Rules and UK Companies Act disclosure requirements.

Frequently Asked Questions

Angela Malone is the Company Secretary of CRH plc. This filing is required because she is a 'person discharging managerial responsibilities' (PDMR) under relevant securities regulations, and her transactions involving company shares must be disclosed to the market.

Angela Malone exercised savings-related share options, which allowed her to purchase a certain number of CRH ordinary shares at a predetermined price. She acquired 1,956 ordinary shares of €0.32 each for €10.63 per share on September 3, 2008.

Prior to this transaction, Angela Malone held 38,494 ordinary shares. After exercising her options and acquiring 1,956 additional shares, her total holding increased to 39,899 ordinary shares.

This filing is a routine disclosure of insider shareholding transactions. It demonstrates transparency regarding the holdings of key management personnel. For investors, it provides insight into potential confidence levels of management in the company's stock, although in this instance, it relates to the exercise of previously granted options rather than an open-market purchase.