8-K

CRH PUBLIC LTD CO 8-K Report (Oct 27, 2014)

Filed October 27, 2014For Securities:CRH

Summary

This 8-K filing from CRH Public Ltd Co. (CRH) on October 27, 2014, primarily concerns notifications of transactions by Persons Discharging Managerial Responsibility (PDMRs) and their closely associated persons. Specifically, several key individuals within CRH, including Maeve Carton, Nicholas Hartery, John Kennedy, Heather Ann McSharry, Albert Manifold, Daniel N. O'Connor, Mark Towe, and Jack Golden, reported transactions involving the acquisition of ordinary shares through a scrip dividend at a price of €17.81 per share. These transactions represent a minor increase in their respective holdings and a very small percentage of the total issued class of shares. The report also includes information required by the Irish Stock Exchange Listing Rule 6.10 regarding director/secretary interests in securities. For most PDMRs, the filings indicate no options were granted or exercised, and their reported holdings are generally small in absolute terms and as a percentage of the total issued shares. The primary purpose of this filing is regulatory compliance related to insider transactions and shareholding disclosures.

Key Highlights

  • 1Several CRH executives and individuals discharging managerial responsibilities reported acquiring CRH ordinary shares via a scrip dividend.
  • 2The acquisition price for these shares was €17.81 per share.
  • 3These transactions represent a small increase in the shareholdings of the reporting individuals.
  • 4The total percentage of issued shares acquired by these individuals in these transactions is minimal, indicating these are routine dividend reinvestments rather than significant personal investments.
  • 5The filing includes disclosures required by Irish Stock Exchange Listing Rule 6.10 concerning director and connected person interests in securities.
  • 6No information was provided regarding the grant or exercise of stock options for the individuals mentioned in the PDMR sections.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report transactions by Persons Discharging Managerial Responsibility (PDMRs) and their closely associated persons, as well as to provide disclosures required by the Irish Stock Exchange Listing Rule 6.10 regarding their interests in CRH's securities. These disclosures are related to scrip dividend transactions.

The filing lists several individuals who hold managerial responsibilities within CRH, including Maeve Carton, Nicholas Hartery, John Kennedy, Heather Ann McSharry, Albert Manifold, Daniel N. O'Connor, Mark Towe, and Jack Golden. They all participated in acquiring CRH ordinary shares through a scrip dividend, effectively reinvesting dividends into additional shares.

The shares acquired through the scrip dividend were priced at €17.81 per share.

No, these transactions represent relatively small acquisitions of shares by CRH executives through dividend reinvestment. The percentage of total issued shares acquired by each individual in these specific transactions is very minor, suggesting these are routine events rather than significant shifts in insider ownership or investment strategy.