8-K

CRH PUBLIC LTD CO 8-K Report (Nov 21, 2011)

Filed November 21, 2011For Securities:CRH

Summary

This Form 6-K filing from CRH Public Limited Company (CRH) on November 21, 2011, primarily details a transaction involving the sale of shares by a person discharging managerial responsibilities. Specifically, Neil Colgan, the Company Secretary, sold 3,050 ordinary shares of CRH at a price of €12.82 per share on November 17, 2011. This filing is important for investors as it provides transparency into insider transactions. While the number of shares sold represents a small fraction of the total issued class (0.000424%), it indicates a reduction in Mr. Colgan's direct shareholding. Investors often monitor such transactions for insights into management's perception of the company's valuation and future prospects, although individual transactions should be considered within a broader context.

Key Highlights

  • 1Disclosure of a share sale by Neil Colgan, Company Secretary of CRH.
  • 23,050 ordinary shares were sold at a price of €12.82 per share.
  • 3The transaction occurred on November 17, 2011.
  • 4The sale represents 0.000424% of the issued class of ordinary shares.
  • 5Neil Colgan's total holding following the notification is 9,174 shares, representing 0.001276% of the issued class.
  • 6The filing is made under Form 6-K and is a notification of transactions of persons discharging managerial responsibility.
  • 7No stock options were granted or exercised as part of this notification.

Frequently Asked Questions

Neil Colgan is the Company Secretary of CRH plc and is identified as a person discharging managerial responsibilities within the company.

The filing does not specify the reason for Neil Colgan's share sale. Such transactions can occur for various personal financial reasons and do not necessarily indicate a negative outlook on the company.

The disposal of 0.000424% of the issued class of ordinary shares is a very small percentage, suggesting that this sale is unlikely to have a material impact on the company's overall ownership structure or market perception based on this transaction alone. However, investors may look for patterns in insider selling over time.

Form 6-K is a report of foreign private issuers that are required to furnish information which it has made or is required to make public pursuant to the laws of the company's home country or a foreign stock exchange or that it has submitted or is required to submit to its security holders. In this case, it's used to report director/PDMR shareholding information.