8-K

CRH PUBLIC LTD CO 8-K Report (Jan 23, 2015)

Filed January 23, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on January 23, 2015, reporting a significant change in shareholding. The filing details a notification from BlackRock, Inc. regarding an acquisition of voting rights in CRH. Specifically, BlackRock's holding in CRH's ordinary shares has crossed the 6% threshold, now standing at 6.05% of the total voting rights.

Key Highlights

  • 1BlackRock, Inc. has acquired a significant stake in CRH plc, crossing the 6% voting rights threshold.
  • 2The notification, dated January 21, 2015, indicates an acquisition of voting rights as the reason for the disclosure.
  • 3As of the transaction date, BlackRock's direct and indirect holding in CRH ordinary shares amounts to 44,844,656 shares, representing 6.05% of the voting rights.
  • 4CRH is a foreign private issuer and files its reports under Form 20-F.
  • 5The filing was made on January 23, 2015, with the U.S. Securities and Exchange Commission.
  • 6The notification was officially made by BlackRock to CRH on January 22, 2015.

Frequently Asked Questions

The primary purpose of this filing is to report a significant change in the major shareholding of CRH plc. Specifically, it discloses that BlackRock, Inc. has increased its voting rights in the company to above the 6% threshold.

BlackRock, Inc. is a major global investment management corporation. An increase in its stake to over 6% signifies that it has become a substantial shareholder in CRH, which can be of interest to other investors as it may indicate confidence in the company's prospects or a potential for increased influence.

In many jurisdictions and for many companies, crossing certain ownership thresholds (like 5% or 6%) triggers mandatory disclosure requirements. This means that holders of such significant stakes must inform the company and regulatory bodies about their holdings. It's an important indicator of institutional ownership and potential changes in the shareholder base.

This particular filing (Form 6-K) is a notification of major interests in shares. It does not contain detailed financial statements or information about new business operations. Its focus is solely on the change in shareholding by BlackRock, Inc.