8-K

CRH PUBLIC LTD CO 8-K Report (Nov 23, 2011)

Filed November 23, 2011For Securities:CRH

Summary

This Form 6-K filing from CRH Public Limited Company (CRH) on November 23, 2011, reports a transaction involving a Director, William P. Egan, and his spouse. Specifically, it details the purchase of CRH ordinary shares by Mr. Egan and his spouse. This transaction involves both beneficial and non-beneficial interests, totaling 27,000 shares acquired. The filing provides specifics on the number of shares purchased, the prices at which they were bought (ranging from $16.95 to $17.0699 per share), and the date and location of the transaction (November 21, 2011, in New York). This type of disclosure is important for investors as it provides insight into insider buying activity, which can be interpreted as a signal of confidence in the company's future prospects.

Key Highlights

  • 1Director William P. Egan and his spouse purchased CRH ordinary shares.
  • 2A total of 27,000 ordinary shares were acquired by Mr. Egan and his spouse.
  • 3The transaction included both beneficial (15,000 shares) and non-beneficial (12,000 shares) interests.
  • 4Share purchases occurred on November 21, 2011, in New York.
  • 5The price per share ranged from $16.95 to $17.0699.
  • 6The acquisition represents approximately 0.003755% of the issued class of shares.
  • 7Following the transaction, the total holding of William P. Egan and spouse is 28,112 shares, representing 0.00391% of the issued class.

Frequently Asked Questions

William P. Egan is identified as a person discharging managerial responsibilities/director at CRH plc. This filing is a mandatory disclosure of his transactions involving the company's shares, as required by securities regulations (Market Abuse Rules and Companies Act 1990).

Insider buying, such as this purchase by Director William P. Egan, is often viewed positively by investors. It can suggest that company insiders have confidence in the company's current valuation and future performance, potentially indicating that the stock may be undervalued or poised for growth.

A beneficial interest means the director directly owns and benefits from the shares. A non-beneficial interest typically refers to shares held in a capacity that does not provide direct personal financial benefit, such as shares held by a spouse or in a trust where the director has a supervisory role but not direct economic gain from those specific shares.

No, this filing specifically focuses on the share purchase transaction by Director William P. Egan and his spouse. There are no reports of share disposals or other significant corporate actions detailed in this particular Form 6-K.