8-K

CRH PUBLIC LTD CO 8-K Report (Mar 23, 2012)

Filed March 23, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 22, 2012, reporting a transaction by a Person Discharging Managerial Responsibility (PDMR). Specifically, Albert Manifold, a PDMR, sold 4,200 ordinary shares of CRH at a price of €15.95 per share on March 22, 2012. This filing is important for investors as it discloses insider trading activity. While the sale represents a small percentage of the total issued class of shares (0.000583%), it provides insight into the actions of a key executive. Following this transaction, Albert Manifold's total holding in CRH amounts to 33,706 ordinary shares, representing approximately 0.004684% of the issued class.

Key Highlights

  • 1Albert Manifold, a Person Discharging Managerial Responsibility (PDMR) at CRH, sold 4,200 ordinary shares.
  • 2The sale occurred on March 22, 2012, at a price of €15.95 per share.
  • 3The transaction was reported to the Irish Stock Exchange (ISE) and the Central Bank of Ireland.
  • 4The disposed shares represent 0.000583% of the issued class of ordinary shares.
  • 5Following the sale, Albert Manifold's total holding is 33,706 ordinary shares, equating to 0.004684% of the issued class.

Frequently Asked Questions

Albert Manifold is identified as a Person Discharging Managerial Responsibility (PDMR) at CRH. Transactions by PDMRs are significant for investors as they can provide insights into the insider's confidence in the company's future performance and financial health. Such disclosures are mandated by regulatory bodies to ensure transparency.

Albert Manifold sold 4,200 shares at €15.95 per share, resulting in a total transaction value of €67,000 (4,200 shares * €15.95/share).

While a sale by an insider can be a point of concern, it's important to consider the context. The sale represents a very small percentage of the total shares outstanding. There could be various reasons for the sale, such as personal financial planning or diversification, and it doesn't necessarily signal a negative outlook for the company without further information.

After the sale of 4,200 shares, Albert Manifold's total holding in CRH is 33,706 ordinary shares, which represents approximately 0.004684% of the issued class.