8-K

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

Filed September 3, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on September 2, 2014, to report a change in major shareholdings. The notification pertains to JPMorgan Chase & Co. and its subsidiary, J.P. Morgan Securities Plc, crossing below a 5% threshold of voting rights attached to CRH's ordinary shares. This event, which occurred on September 1, 2014, signifies a reduction in the direct and indirect holdings of JPMorgan Chase & Co. in CRH, bringing their total disclosable holding below the minimum reporting threshold.

Key Highlights

  • 1Notification of a change in major shareholding in CRH plc.
  • 2JPMorgan Chase & Co. and J.P. Morgan Securities Plc are the entities involved in the notification.
  • 3The transaction involved an acquisition or disposal of voting rights.
  • 4The threshold crossed or reached was 5%, 4%, and 3% downwards.
  • 5The date of the transaction was September 1, 2014.
  • 6CRH plc's ordinary shares (ISIN CODE: IE0001827041) are the subject of the notification.
  • 7Following the transaction, JPMorgan Chase & Co.'s total disclosable holding is below the minimum threshold.

Frequently Asked Questions

This filing, a Form 6-K, serves to notify the SEC about a change in major shareholdings of CRH plc. Specifically, it reports that JPMorgan Chase & Co. has reduced its stake in CRH below a significant threshold.

The entities involved are JPMorgan Chase & Co. and its controlled undertaking, J.P. Morgan Securities Plc. They are reducing their holdings in CRH plc.

This indicates that the combined direct and indirect voting rights held by JPMorgan Chase & Co. and its affiliates in CRH plc have fallen below these specified percentages of the total voting rights. As a result, their total disclosable holding is now below the minimum reporting requirement.

This filing only reports a change in shareholding. It does not provide insight into the reasons behind the transaction or JPMorgan Chase & Co.'s investment sentiment towards CRH. Such transactions can occur for various reasons, including portfolio management or changes in trading strategies.