Summary
This Form 6-K filing from CRH Public Limited Company (CRH) on August 24, 2011, primarily concerns a notification of a share transaction by a person discharging managerial responsibilities. Specifically, it details a purchase of CRH ordinary shares by Doug Black, a director, and also notes a related holding by his son, JD Black. This filing provides transparency into insider transactions, which can be a signal for investors regarding management's confidence in the company's performance and future prospects.
Key Highlights
- 1Notification of a share purchase by Doug Black, a director of CRH.
- 2The transaction involved the purchase of CRH ordinary shares, held as ADRs.
- 3Doug Black's total holding post-transaction amounts to 106,619 shares (including ADRs).
- 4A related holding by JD Black (Doug Black's son) is also disclosed.
- 5The purchase price per share was US$16.57.
- 6The transaction occurred on August 22, 2011, in New York.
- 7The notification indicates a very small percentage of issued class was acquired (0.000035%).
Frequently Asked Questions
The primary purpose of this Form 6-K filing is to disclose a transaction involving the purchase of CRH ordinary shares by a director, Doug Black, and to report a related shareholding by his son. This aligns with regulatory requirements for reporting insider transactions.
The filing indicates a purchase of CRH ordinary shares by Doug Black. While the exact number of shares purchased in this specific transaction is not explicitly stated as a separate figure from his total holding increase, his total holding following the notification is 106,619 shares. The price per share for the transaction was US$16.57.
No, this filing does not indicate a significant change in CRH's overall ownership structure. The percentage of the issued class acquired by Doug Black in this transaction is reported as a very small fraction (0.000035%), suggesting a minor personal investment rather than a substantial shift in control or holdings.
Yes, the filing also mentions JD Black, identified as the son of Doug Black, and notes a related holding. The specifics of JD Black's holding are consolidated within the overall disclosure, but it highlights a connection to the director's transactions.