Summary
CRH Public Limited Company filed a Form 6-K on November 26, 2015, reporting a significant change in substantial shareholding. Baillie Gifford & Co and Baillie Gifford Overseas Limited, acting as discretionary managers for their clients, notified CRH of an increase in their shareholding in the company. This filing is a notification of a notifiable event under Irish company law, specifically related to the purchase of ordinary shares.
Key Highlights
- 1CRH plc filed a Form 6-K on November 26, 2015.
- 2The filing reports a change in substantial shareholding.
- 3The notification was received from Baillie Gifford & Co and Baillie Gifford Overseas Limited.
- 4These entities act as discretionary investment managers for their clients.
- 5The notifiable event was the purchase of Ordinary Shares.
- 6The purchase occurred on November 24, 2015.
- 7Baillie Gifford's shareholding increased from 32,196,394 to 33,141,394 Ordinary Shares.
Frequently Asked Questions
The primary purpose of this Form 6-K filing is to report a change in a substantial shareholding in CRH plc. Specifically, it notifies the company and regulatory bodies about Baillie Gifford & Co and Baillie Gifford Overseas Limited increasing their stake in CRH.
Baillie Gifford & Co and Baillie Gifford Overseas Limited are investment management firms that act as discretionary managers for their clients. They manage investment portfolios on behalf of these clients.
The specific transaction was the purchase of Ordinary Shares by Baillie Gifford & Co and Baillie Gifford Overseas Limited on November 24, 2015. This purchase led to an increase in their total shareholding.
Following the purchase, Baillie Gifford & Co and Baillie Gifford Overseas Limited's total interest in CRH Ordinary Shares increased from 32,196,394 shares to 33,141,394 shares.