8-K

CRH PUBLIC LTD CO 8-K Report (Oct 23, 2013)

Filed October 23, 2013For Securities:CRH

Summary

This 8-K filing from CRH Public Ltd Co. (CRH) on October 23, 2013, provides an update regarding the company's 2013 interim dividend. A significant portion of ordinary shareholders, specifically 36.64%, opted to receive new ordinary shares in lieu of a cash dividend payment. This election will result in the allotment of 3,398,992 new ordinary shares, each with a nominal value of €0.32. The company is proceeding with the admission of these newly issued shares to the official lists of the UK Listing Authority and the Irish Stock Exchange. Furthermore, an application will be made for these shares to be traded on both the London Stock Exchange and the Main Securities Market of the Irish Stock Exchange. Trading of these new shares is anticipated to commence on October 25, 2013.

Key Highlights

  • 136.64% of CRH's Ordinary Shareholders elected to receive shares instead of cash for the 2013 interim dividend.
  • 2A total of 3,398,992 new ordinary shares will be allotted.
  • 3The nominal value of each new ordinary share is €0.32.
  • 4The new shares will be admitted to the Official Lists of the UK Listing Authority and the Irish Stock Exchange.
  • 5Application will be made for trading of the new shares on the London Stock Exchange and the Irish Stock Exchange's Main Securities Market.
  • 6Trading of the new shares is expected to begin on October 25, 2013.

Frequently Asked Questions

The main purpose of this filing is to inform investors about the outcome of CRH's scrip dividend alternative for its 2013 interim dividend, specifically detailing how many shareholders chose shares over cash and the number of new shares to be issued.

For shareholders who elected the scrip dividend, they will receive new CRH shares instead of cash, increasing their stake in the company without additional investment. For those who took the cash dividend, their ownership percentage remains unchanged.

Dealing in the newly allotted ordinary shares is expected to commence on Friday, October 25, 2013.

The new shares will be admitted to the Official Lists of the UK Listing Authority and the Irish Stock Exchange, and will be available for trading on the London Stock Exchange and the Main Securities Market of the Irish Stock Exchange.