8-K

CRH PUBLIC LTD CO 8-K Report (Mar 2, 2017)

Filed March 2, 2017For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K with the SEC on March 2, 2017, primarily to announce an additional listing of its ordinary shares. The company has applied to admit 1,890,668 ordinary shares, with a nominal value of €0.32 each, to the Official Lists of the U.K. Listing Authority and the Irish Stock Exchange. These shares will also be admitted to trading on the London Stock Exchange and the Main Securities Market of the Irish Stock Exchange. These newly issued shares are being made available under the Group's 2014 Performance Share Plan. The admission of these shares is anticipated to occur on March 7, 2017. Importantly, upon issuance, these shares will rank equally (pari passu) with all other existing ordinary shares of CRH, meaning they will carry the same rights and privileges.

Key Highlights

  • 1CRH is seeking to list an additional 1,890,668 ordinary shares.
  • 2The ordinary shares have a nominal value of €0.32 each.
  • 3Admission is sought on the Official Lists of the U.K. Listing Authority and the Irish Stock Exchange.
  • 4Trading admission is also sought on the London Stock Exchange and the Main Securities Market of the Irish Stock Exchange.
  • 5The shares are being issued under the CRH Group's 2014 Performance Share Plan.
  • 6Admission to these markets is expected on March 7, 2017.
  • 7The new shares will rank pari passu with existing ordinary shares upon issuance.

Frequently Asked Questions

The primary purpose of this filing is to notify the SEC about CRH's application to list an additional 1,890,668 ordinary shares on the UK Listing Authority's Official List, the Irish Stock Exchange's Main Securities Market, and for trading on the London Stock Exchange.

These shares are being issued under CRH's 2014 Performance Share Plan, which is a common practice for employee or executive compensation and incentives.

Yes, the filing explicitly states that the new shares will rank pari passu with existing ordinary shares upon issuance. This means they will have the same voting rights, dividend rights, and other privileges as all other ordinary shares of CRH.

Admission for these shares is expected to be granted on March 7, 2017.