8-K

CRH PUBLIC LTD CO 8-K Report (Apr 20, 2009)

Filed April 20, 2009For Securities:CRH

Summary

This SEC Form 6-K filing by CRH Public Limited Company (CRH) on April 20, 2009, primarily serves as a notification of a significant change in major shareholdings. The report details that Irish Life Investment Managers, acting as an agent for discretionary clients, has acquired voting rights that resulted in their total holding crossing a notification threshold. This transaction represents a notable increase in the stake held by these specific investors in CRH. For investors, this filing indicates increased activity and potentially increased confidence from a significant investment manager on behalf of its clients. While the exact reasons for the acquisition are not detailed, it suggests a belief in CRH's value or future prospects by Irish Life Investment Managers. Investors should monitor further filings and company announcements for context on this increased ownership.

Key Highlights

  • 1CRH Public Limited Company filed a Form 6-K on April 20, 2009.
  • 2The filing is a notification of a major interest in shares.
  • 3Irish Life Investment Managers, acting as agent for discretionary clients, acquired voting rights.
  • 4The acquisition resulted in their total shareholding crossing a notification threshold.
  • 5The shareholding increased from 2.53% to 3.2948% of CRH's ordinary shares.
  • 6The transaction date was April 14, 2009.
  • 7The filing was made to the SEC on April 17, 2009.

Frequently Asked Questions

This filing is a Form 6-K, which is a report of foreign issuers. Its primary purpose is to notify the SEC about a change in a significant shareholding. Specifically, it reports that Irish Life Investment Managers, acting as an agent for discretionary clients, has increased its voting rights in CRH plc.

The entity that increased its stake is Irish Life Investment Managers, acting as an agent on behalf of discretionary clients.

The notification indicates a change from a previous holding of 2.53% to a new holding of 3.2948% of the voting rights attached to CRH's ordinary shares.

An increase in a major shareholding by a significant investment manager like Irish Life Investment Managers can sometimes suggest increased confidence in the company's value or future prospects by those investors. It signifies a growing stake by these clients and may warrant further attention from other investors regarding the company's performance and strategy.