8-K

CRH PUBLIC LTD CO 8-K Report (Oct 16, 2013)

Filed October 16, 2013For Securities:CRH

Summary

This Form 6-K filing from CRH Public Limited Company (CRH) on October 16, 2013, primarily serves to report a transaction involving a person discharging managerial responsibilities (PDMR) and their closely associated person. Specifically, it details the sale of ordinary shares by the spouse of Neil Colgan, a PDMR. This transaction involves the disposal of 719 ordinary shares at a price of €18.31 per share, occurring on October 16, 2013, in Dublin. The filing also provides details on the total holdings and percentage of issued shares following this transaction, which is important for investors to monitor insider activity. While the transaction amount is relatively small, it signals a disposal of shares by an individual closely linked to the company's management, which can sometimes be interpreted by the market in various ways regarding their outlook on the company's performance.

Key Highlights

  • 1Notification of a transaction by a Person Discharging Managerial Responsibility (PDMR) or a closely associated person.
  • 2The transaction involves the sale of 719 ordinary shares of CRH plc.
  • 3The sale was executed by the spouse of Neil Colgan, a PDMR of CRH.
  • 4The sale price per share was €18.31.
  • 5The transaction date was October 16, 2013, in Dublin.
  • 6Following the transaction, the total holding is 10,822 shares, representing 0.001483% of the issued class.
  • 7The filing also discloses information required by the Irish Stock Exchange (ISE) Listing Rule 6.10, pertaining to director/secretary or connected person's shareholdings.

Frequently Asked Questions

Neil Colgan is identified as a Person Discharging Managerial Responsibility (PDMR) at CRH plc. While his specific title isn't explicitly stated in this filing, PDMRs are typically senior executives or directors with access to inside information.

The reported transaction was the sale of 719 ordinary shares of CRH plc by the spouse of Neil Colgan. This is considered a transaction by a person closely associated with a PDMR.

The filing indicates that after the sale of 719 shares, the total holding is 10,822 shares, which represents 0.001483% of the issued class of ordinary shares.

The percentage of issued class disposed of is 0.000098%, and the total holding after the notification is 0.001483%. While it's a sale by an insider's spouse, the absolute numbers and percentages suggest it is a relatively small transaction in the context of the company's overall share structure.