Summary
This Form 6-K filing from CRH Public Limited Company details transactions by individuals discharging managerial responsibilities (PDMRs) and directors. Specifically, it reports the acquisition of ordinary shares under an employee share participation scheme by several key personnel, including Jack Golden, Myles Lee, Angela Malone, and Albert Manifold. These acquisitions, occurring on March 5, 2009, at a price of €15.16 per share, represent a small percentage of the total issued class, with the individual holdings increasing slightly as a result. These transactions provide insight into insider confidence in the company's stock, especially given the economic climate of early 2009. Investors often look at insider buying as a signal of belief in future performance. The filings also confirm that these individuals are not disposing of any shares, and the transactions are being made under established employee share programs, not through option exercises.
Key Highlights
- 1Multiple directors and PDMRs (Jack Golden, Myles Lee, Angela Malone, Albert Manifold) acquired CRH ordinary shares on March 5, 2009.
- 2The shares were acquired under an employee share participation scheme.
- 3The acquisition price per share was €15.16.
- 4These transactions represent a very small percentage increase in the issued class of shares for each individual.
- 5No shares were disposed of by these individuals in these reported transactions.
- 6The filings confirm that there are no option exercises related to these transactions.
- 7The company's Finance Director, Glenn Culpepper, signed off on the report, indicating internal oversight.