8-K

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

Filed September 8, 2014For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) primarily reports a transaction involving a person discharging managerial responsibilities (PDMR) and a company controlled by them. Specifically, Nicky Hartery, a PDMR, acquired 10,800 ordinary shares of CRH through Siglas Holdings Limited at a price of €18.29 per share on September 8, 2014. This transaction represents a minor increase in his total holding, which following the notification, stands at 12,253 shares, constituting approximately 0.001657% of the issued class. The filing also includes supplementary information required by the Irish Stock Exchange (ISE) Listing Rule 6.10 regarding director and connected person shareholdings.

Key Highlights

  • 1Nicky Hartery, a CRH Public Limited Company (CRH) Person Discharging Managerial Responsibility (PDMR), acquired 10,800 ordinary shares.
  • 2The acquisition was made by Siglas Holdings Limited, a company controlled by the PDMR.
  • 3The purchase price for these shares was €18.29 per share.
  • 4The transaction occurred on September 8, 2014, in Dublin.
  • 5Following this purchase, Nicky Hartery's total holding increased to 12,253 ordinary shares.
  • 6This represents a post-transaction holding of approximately 0.001657% of CRH's issued ordinary shares.

Frequently Asked Questions

Nicky Hartery is identified as a Person Discharging Managerial Responsibility (PDMR) at CRH. While his specific title isn't detailed in this filing, PDMRs are typically individuals with significant influence over the company's operations and decision-making.

The filing states that Siglas Holdings Limited, a company controlled by Nicky Hartery, purchased the shares. This is a common way for executives to hold shares, and the filing is a notification requirement for such transactions by persons closely associated with PDMRs.

The acquisition of 10,800 shares by a PDMR's controlled entity is a relatively small transaction in the context of CRH's overall issued share capital. The post-transaction holding of approximately 0.001657% indicates it is not a material change in shareholding for the company or the PDMR in terms of percentage ownership.

The supplementary information pertains to disclosure requirements under ISE Listing Rule 6.10, which mandates reporting of interests in securities held by directors, secretaries, or their connected persons. This ensures transparency regarding shareholdings within the company's leadership and their associates, even if the specific transaction didn't require Central Bank notification.