Summary
CRH Public Limited Company (CRH) filed an 8-K report on March 1, 2012, to disclose its total voting rights and share capital as of February 29, 2012. This filing is crucial for investors and regulatory compliance, as it provides the essential numbers for determining notification obligations under transparency regulations. The key takeaway for investors is the definitive total number of voting rights, which stands at 719,237,533. This figure is derived from the total issued ordinary shares minus treasury shares. Understanding this number is vital for shareholders to accurately assess their voting power and to ensure they comply with reporting requirements related to significant ownership changes.
Key Highlights
- 1CRH plc announced its total issued Ordinary Shares as 727,897,906 as of February 29, 2012.
- 2The company holds 8,660,373 Treasury Shares as of the same date.
- 3The total number of voting rights for CRH plc shareholders is 719,237,533.
- 4This voting rights figure is to be used by shareholders as the denominator for calculating notification requirements under the Transparency (Directive 2004/109/EC) Regulations 2007.
- 5The filing is made in conformity with Regulation 20 of the Transparency (Directive 2004/109/EC) Regulations 2007.
- 6This report serves as a notification of total voting rights and capital structure relevant to shareholder interest disclosures.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce CRH plc's total number of voting rights and its issued share capital as of February 29, 2012. This information is essential for shareholders to comply with regulatory requirements regarding the notification of significant interests or changes in interest in the company.
The total number of voting rights is calculated by taking the total number of Ordinary Shares in issue (727,897,906) and subtracting the number of Treasury Shares held by the company (8,660,373). This results in a total of 719,237,533 voting rights.
The total number of voting rights is important because shareholders use it as the denominator to determine if their ownership percentage requires them to notify CRH plc or regulatory bodies about their interest. This is a key component for adhering to transparency regulations, specifically the Transparency (Directive 2004/109/EC) Regulations 2007.
Treasury Shares are shares that a company has repurchased from the open market and holds for various purposes, such as stock options or acquisitions. These shares are not considered outstanding for voting purposes, meaning they do not carry voting rights and are therefore excluded from the calculation of total voting rights available to external shareholders.