Summary
CRH Public Limited Company (CRH) filed a Form 6-K on August 3, 2010, to disclose its total voting rights as of July 30, 2010. This filing is primarily informational, providing shareholders with the necessary figures to determine their notification obligations under the Transparency Directive. Investors should note the total number of issued ordinary shares and the number of treasury shares held by the company, as these figures directly impact the calculation of voting rights.
Key Highlights
- 1CRH plc reported its total voting rights as of July 30, 2010.
- 2The total number of ordinary shares in issue was 717,794,511.
- 3The company held 9,777,368 treasury shares as of the reporting date.
- 4The total number of voting rights available to shareholders was 708,017,143.
- 5This figure serves as the denominator for shareholders calculating notification requirements under the Transparency (Directive 2004/109/EC) Regulations 2007.
Frequently Asked Questions
This filing (specifically a Form 6-K, which is used by foreign private issuers) serves to update the market and shareholders on CRH's total number of voting rights as of a specific date. This information is crucial for shareholders to assess if their holdings require them to notify the company or regulatory bodies of changes in their stake.
As of July 30, 2010, CRH plc had a total of 708,017,143 voting rights. This is calculated by taking the total issued ordinary shares (717,794,511) and subtracting the treasury shares held by the company (9,777,368).
Treasury shares are shares that a company has repurchased from the open market. These shares are not considered outstanding and therefore do not carry voting rights. Subtracting them from the total issued shares gives the actual number of shares that can be voted at shareholder meetings.
The Transparency Directive (2004/109/EC) and related Transparency Rules require shareholders to notify the company and/or regulators when their ownership stake in a listed company reaches, exceeds, or falls below certain thresholds (e.g., 5%, 10%). The reported total voting rights figure is used by shareholders as the denominator to calculate whether their percentage ownership requires such a notification.