8-K

CRH PUBLIC LTD CO 8-K Report (Mar 3, 2014)

Filed March 3, 2014For Securities:CRH

Summary

This 8-K filing for CRH Public Ltd Co. primarily reports on transactions involving the company's ordinary shares by individuals discharging managerial responsibilities (PDMRs). Specifically, it details the vesting of performance share awards and acquisitions under employee share participation schemes for several key executives, including Maeve Carton (Finance Director), Albert Manifold, Mark Towe, Neil Colgan, Jack Golden, and Henry Morris. These transactions occurred around February 26, 2014, with notification to the issuer on February 26th and 27th, 2014. While the filing details the number of shares acquired and the transaction price (generally around €21.28 for vested shares and €15.08 for option exercises), it also includes instances of share option exercises and sales by some PDMRs. The information is presented to comply with regulatory requirements regarding PDMR shareholdings and transactions, and also includes disclosures required by the Irish Stock Exchange. For investors, this filing provides insight into executive compensation and potential insider activity, although the overall impact on the company's share structure appears minimal given the small percentage of shares involved.

Key Highlights

  • 1Disclosure of share transactions by multiple Persons Discharging Managerial Responsibility (PDMRs) within CRH plc.
  • 2Transactions include the vesting of awards under the CRH plc Performance Share Plan and acquisitions through employee share participation schemes.
  • 3Several executives, including the Finance Director Maeve Carton, Albert Manifold, Mark Towe, Neil Colgan, Jack Golden, and Henry Morris, engaged in these share-related activities.
  • 4Specific details provided include the number of shares acquired and disposed of, the transaction dates (primarily February 26, 2014), and the price per share.
  • 5Mark Towe and Henry Morris also executed the exercise of share options and sale of shares, indicating potential realization of gains.
  • 6The reported transactions represent a very small percentage of CRH's total issued ordinary shares.
  • 7The filing fulfills regulatory requirements for PDMR transaction reporting and additional disclosures mandated by the Irish Stock Exchange.

Frequently Asked Questions

This filing reports on transactions involving CRH plc's ordinary shares by individuals discharging managerial responsibilities (PDMRs) and persons closely associated with them. These transactions include the vesting of awards under the company's Performance Share Plan, acquisitions through employee share participation schemes, exercise of share options, and sales of shares.

The key individuals (PDMRs) involved in these reported transactions include Maeve Carton (Finance Director), Albert Manifold, Mark Towe, Neil Colgan, Jack Golden, and Henry Morris. The filing details their individual share activities.

The price per share for the vested awards and employee share participation scheme acquisitions was approximately €21.28. Share options were exercised at prices around €15.08, and shares were sold at prices around €21.27 to €21.38.

No, the transactions reported represent a very small percentage of CRH's total issued ordinary shares. For example, the percentage of issued class acquired for Maeve Carton was 0.002890% and for Albert Manifold was 0.004228%.