8-K

CRH PUBLIC LTD CO 8-K Report (Nov 4, 2014)

Filed November 4, 2014For Securities:CRH

Summary

This 8-K filing from CRH Public Ltd Co., filed on November 4, 2014, primarily serves as a notification regarding shareholding changes by a Person Discharging Managerial Responsibility (PDMR) and their associated persons, as required by Irish Market Abuse Rules. Specifically, it details a dividend reinvestment transaction by Donald A. McGovern, Jr., involving his American Depositary Receipts (ADRs) representing ordinary shares of CRH.

Key Highlights

  • 1Notification of a transaction by Donald A. McGovern, Jr., a Person Discharging Managerial Responsibility (PDMR) at CRH.
  • 2The transaction involved the re-investment of dividends into CRH Ordinary Shares (held as ADRs).
  • 3Mr. McGovern, Jr. acquired 43 ADRs through this dividend reinvestment.
  • 4The price per ADR in the transaction was US$21.94.
  • 5The transaction date was October 31, 2014, and the issuer was informed on November 3, 2014.
  • 6The notification also includes details required by the Irish Stock Exchange Listing Rule 6.10, reporting the updated total holding of Mr. McGovern, Jr. as 4,131 ADRs, representing 0.000558% of the issued class.
  • 7The filing is made on Form 6-K, indicating CRH is a Foreign Private Issuer that files annual reports under Form 20-F.

Frequently Asked Questions

The primary purpose of this filing is to notify the SEC and relevant authorities about a change in shareholding by a senior executive (Person Discharging Managerial Responsibility) of CRH, specifically Donald A. McGovern, Jr., due to a dividend reinvestment.

Donald A. McGovern, Jr. is identified as a Person Discharging Managerial Responsibility (PDMR) at CRH. He reinvested dividends to acquire 43 additional CRH Ordinary Shares, which he holds in the form of American Depositary Receipts (ADRs), at a price of US$21.94 per ADR.

ADRs (American Depositary Receipts) are a way for U.S. investors to buy shares in foreign companies. In this case, Donald A. McGovern, Jr. holds his CRH shares in the form of ADRs, which is common for investors trading on U.S. exchanges.

The transaction involves a small number of shares (43 ADRs) acquired through dividend reinvestment. Mr. McGovern, Jr.'s total holding after this transaction is 4,131 ADRs, representing a very small percentage (0.000558%) of the issued class. Therefore, it does not represent a significant change in insider ownership from an investor's perspective.