8-K

CRH PUBLIC LTD CO 8-K Report (Jan 13, 2016)

Filed January 13, 2016For Securities:CRH

Summary

This Form 6-K filing from CRH Public Limited Company (CRH) on January 12, 2016, pertains to a notification of a transaction by a person discharging managerial responsibilities (PDMR) and a person closely associated with them. Specifically, it details a scrip dividend transaction for Utz-Hellmuth Felcht involving CRH Ordinary Shares.

Key Highlights

  • 1Notification of a transaction by a Person Discharging Managerial Responsibility (PDMR), Utz-Hellmuth Felcht.
  • 2The transaction involved the acquisition of 189 ordinary shares of €0.32 each through a scrip dividend.
  • 3The acquisition price per share was €24.60.
  • 4The transaction date was May 12, 2015, with the issuer being informed on January 11, 2016.
  • 5The notification also includes information required by the Irish Stock Exchange Listing Rule 6.10, detailing the percentage of issued class acquired (0.000002%) and the total holding following the notification (1,303 shares, representing 0.000158% of the issued class).
  • 6The filing is made under Form 6-K, indicating it's a report of a foreign private issuer.
  • 7No options were granted or held by the PDMR in relation to this notification.

Frequently Asked Questions

The main purpose of this Form 6-K filing is to notify the market and regulatory bodies about a transaction involving shares held by a person discharging managerial responsibility (PDMR) within CRH, as required by Irish market abuse rules.

Utz-Hellmuth Felcht is identified as a person discharging managerial responsibilities within CRH. The transaction reported is the acquisition of 189 ordinary shares through a scrip dividend, with each share valued at €24.60.

A scrip dividend is a dividend reinvestment plan where shareholders are given the option to receive new shares in the company instead of a cash dividend. This transaction indicates Mr. Felcht opted to receive shares rather than cash for a dividend.

The reported percentages (0.000002% acquired and 0.000158% total holding) indicate that while Mr. Felcht made a transaction, the impact on his overall stake in CRH and the percentage of the company's issued shares he holds is very small.