8-K

CRH PUBLIC LTD CO 8-K Report (Mar 22, 2016)

Filed March 22, 2016For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a notification of major shareholding by BlackRock, Inc. This filing indicates that as of March 16, 2016, BlackRock, Inc. crossed a reporting threshold, with its total holdings in CRH now exceeding 9%. Specifically, BlackRock's direct and indirect voting rights attached to shares account for 8.79%, while financial instruments contribute an additional 0.20%, bringing the total to 9.00% of CRH's voting rights. The total number of voting rights of the issuer is noted as 823,894,263. This notification is significant as it signals an increase in a major institutional investor's stake or a shift in their holdings that crossed a regulatory threshold. Investors should monitor BlackRock's subsequent filings and CRH's stock performance for any potential correlation or impact from this increased ownership. The detailed breakdown of BlackRock's holdings across various controlled entities provides transparency on how this stake is managed within the larger BlackRock group structure. The filing does not disclose the specific reasons for the change in holdings, but it signifies a substantial investment presence by BlackRock in CRH.

Key Highlights

  • 1BlackRock, Inc. has crossed a major shareholding threshold in CRH PLC as of March 16, 2016.
  • 2BlackRock's total holdings in CRH now exceed 9%, specifically reaching 9.00%.
  • 3The total holding consists of 8.79% in voting rights attached to shares and 0.20% through financial instruments.
  • 4The total number of voting rights of CRH PLC is reported as 823,894,263.
  • 5The notification was made by BlackRock, Inc. to CRH PLC on March 18, 2016.
  • 6The filing provides a detailed breakdown of the chain of controlled undertakings through which BlackRock effectively holds its voting rights and financial instruments.

Frequently Asked Questions

This filing is a notification of major shareholding by BlackRock, Inc., indicating that their aggregate holdings in CRH PLC have crossed a regulatory threshold, exceeding 9% of the company's voting rights.

As of March 16, 2016, BlackRock's total holdings in CRH amounted to 9.00%, comprising 8.79% in voting rights attached to shares and 0.20% through financial instruments.

No, this specific filing (Form 6-K) is a notification of the change in holdings that crossed a threshold and does not typically include the reasons behind the investment decisions. Such information might be found in other filings or company communications.

The notification is from BlackRock, Inc., a registered investment advisor, detailing their holdings and those of their controlled entities in CRH PLC.