8-K

CRH PUBLIC LTD CO 8-K Report (May 12, 2009)

Filed May 12, 2009For Securities:CRH

Summary

This 8-K filing by CRH Public Limited Company (CRH) on May 12, 2009, primarily consists of notifications regarding shareholding changes for several Directors and Persons Discharging Managerial Responsibility (PDMR). These changes stem from the exercise of scrip dividends, where directors and PDMRs opted to receive new ordinary shares in lieu of cash dividends. The transactions reported are minor in terms of the number of shares acquired relative to the total issued shares, reflecting a consistent dividend policy and the reinvestment of dividends by key personnel. For investors, these filings are important as they provide transparency into insider ownership and activity. The fact that these individuals are reinvesting dividends suggests a degree of confidence in the company's future performance, especially during a period of economic uncertainty. The transactions are all in ordinary shares of €0.32 each and were executed at a price of €13.83 per share on May 11, 2009.

Key Highlights

  • 1Multiple Directors and Persons Discharging Managerial Responsibility (PDMRs) reported scrip dividend transactions on May 11, 2009.
  • 2These transactions involved the acquisition of CRH ordinary shares in lieu of cash dividends.
  • 3The scrip dividend price was €13.83 per ordinary share (€0.32 par value).
  • 4The percentage of issued shares acquired in each individual transaction was very small, indicating these were routine dividend reinvestments rather than significant share purchases.
  • 5Total shareholdings of the reporting individuals increased slightly following the scrip dividend, reflecting their continued investment in the company.
  • 6No disposal of shares by these individuals was reported in these filings.
  • 7The filings confirm CRH's adherence to regulatory disclosure requirements for insider transactions.

Frequently Asked Questions

The filings report 'Scrip Dividend' transactions, meaning that directors and persons discharging managerial responsibilities chose to receive new ordinary shares from CRH in place of their cash dividend payment. This is a common way for individuals to reinvest dividends back into the company.

The price per share for the ordinary shares acquired through the scrip dividend was €13.83.

No, these transactions represent minor increases in the shareholdings of the reporting individuals. The number of shares acquired in each instance is very small relative to the total issued shares of the company, suggesting these are routine dividend reinvestments rather than substantial new investments or disposals.

No, all reported transactions in this filing relate to the acquisition of shares through scrip dividends. There are no reports of disposals of shares by directors or PDMRs in these specific notifications.