8-K

CRH PUBLIC LTD CO 8-K Report (Mar 18, 2009)

Filed March 18, 2009For Securities:CRH

Summary

This 8-K filing reports a significant change in the major shareholdings of CRH Public Limited Company (CRH). Artio Global Management LLC, acting as an investment manager, has acquired voting rights in CRH, crossing the 3% threshold. This notification is a standard regulatory disclosure under the TR-1 form, indicating an acquisition of voting rights. While the total number of shares held is disclosed, the filing emphasizes that Artio Global Management LLC exercises these voting rights on behalf of independent beneficial owners, and their holding is subject to the termination of these management relationships. Investors should note that this event primarily concerns the notification of a substantial ownership stake by an asset manager. It does not involve any operational changes, financial performance updates, or strategic announcements from CRH itself. However, tracking major shareholders can be important for understanding potential influences on the company's governance and strategic direction.

Key Highlights

  • 1Artio Global Management LLC has acquired voting rights in CRH, surpassing the 3% threshold.
  • 2The acquisition of voting rights occurred on March 11, 2009.
  • 3Artio Global Management LLC acts as an investment manager exercising proxy voting rights on behalf of independent beneficial owners.
  • 4The total number of voting rights held by Artio Global Management LLC after the transaction is 16,472,513, representing 3.09% of the voting rights.
  • 5This is a notification of a major interest in shares, filed on Standard Form TR-1.
  • 6CRH plc is the issuer of the shares.
  • 7The holding by Artio Global Management LLC will cease upon termination of their management relationships.

Frequently Asked Questions

The main purpose of this filing is to notify the Securities and Exchange Commission (SEC) that Artio Global Management LLC has acquired a significant voting interest in CRH Public Limited Company, crossing the 3% threshold. This is a regulatory requirement for disclosures of major shareholdings.

Artio Global Management LLC acts as an investment manager and exercises proxy voting rights on behalf of independent beneficial owners. They do not directly own the shares in their own capacity but manage the voting rights associated with them.

After the transaction on March 11, 2009, Artio Global Management LLC holds 16,472,513 voting rights, which represents 3.09% of the total voting rights in CRH.

No, this filing is purely a disclosure of a change in major shareholding and does not contain any financial results, operational updates, or strategic announcements from CRH.