8-K

CRH PUBLIC LTD CO 8-K Report (May 10, 2011)

Filed May 10, 2011For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on May 10, 2011, primarily details transactions related to 'Persons Discharging Managerial Responsibility' (PDMRs) and directors. Specifically, it reports on the acquisition of ordinary shares through a Scrip Dividend by several key individuals, including Maeve Carton, Jan Maarten de Jong, Albert Manifold, Kieran McGowan, Daniel N. O'Connor, Erik Bax, Doug Black, Jack Golden, Henry Morris, and William J. Sandbrook. These transactions are minor in terms of percentage of the issued class acquired but indicate continued participation and shareholding by company leadership.

Key Highlights

  • 1Notification of Scrip Dividend transactions for multiple Directors and Persons Discharging Managerial Responsibility (PDMRs).
  • 2Transactions involve the acquisition of ordinary shares in CRH plc at a price of €15.35 per share.
  • 3The acquisitions are minor in percentage terms, with each individual acquiring a very small fraction of the issued class of shares.
  • 4The filings confirm the total shareholding of these individuals after the scrip dividend.
  • 5No share disposals or option-related transactions were reported for these individuals in this filing.
  • 6The company secretary, Neil Colgan, is listed as the point of contact for these notifications.

Frequently Asked Questions

A Scrip Dividend is a dividend payment made to shareholders in the form of additional shares rather than cash. This filing reports these transactions because they involve directors and persons discharging managerial responsibilities (PDMRs), and regulatory rules require disclosure of such insider shareholding changes to maintain transparency and prevent potential insider trading concerns.

These specific transactions represent very small percentage increases in the shareholdings of the individuals involved, indicating a minor reinvestment of dividends rather than a substantial change in their stake. For investors, the significance lies more in the continued engagement and shareholding by company leadership as a sign of confidence, rather than in the immediate financial impact of these individual trades.

No, this particular 8-K filing does not report any share disposals or the exercise of stock options by the directors or PDMRs. All reported transactions were acquisitions of shares via a Scrip Dividend.

The price of €15.35 per share represents the value used for the scrip dividend, likely based on the prevailing market price or a determined value around the time the dividend was issued. It provides context for the value of the shares acquired by the directors and PDMRs.