Summary
This 8-K filing from CRH Public Limited Company (CRH) on March 20, 2017, primarily serves to disclose a transaction by a person discharging managerial responsibilities. Specifically, it details a purchase of CRH ordinary shares by Lucinda Riches, who holds the position of Non-executive Director at CRH plc. The transaction involved the purchase of ordinary shares of €0.32 each, identified by ISIN: IE0001827041. The purchase took place on March 16, 2017, in London, England, with an aggregate value of Sterling £28.433,000. This filing is in accordance with Article 19 of the EU Market Abuse Regulation, requiring disclosure of such transactions by directors and closely associated persons.
Key Highlights
- 1Disclosure of a transaction by a person discharging managerial responsibilities (PDMR).
- 2The PDMR involved is Lucinda Riches, a Non-executive Director of CRH plc.
- 3The transaction was a purchase of CRH ordinary shares.
- 4The purchase occurred on March 16, 2017.
- 5The transaction took place in London, England.
- 6The aggregate value of the share purchase was Stg£28,433,000.
- 7The filing adheres to the requirements of the EU Market Abuse Regulation (MAR) Article 19.
Frequently Asked Questions
The primary purpose of this 8-K filing is to report a transaction involving the purchase of CRH ordinary shares by a director, Lucinda Riches, in compliance with the EU Market Abuse Regulation.
Lucinda Riches is identified as a Non-executive Director of CRH plc. She purchased CRH ordinary shares as part of the disclosed transaction.
The transaction was a purchase of CRH ordinary shares by Lucinda Riches on March 16, 2017, with an aggregate value of Sterling £28,433,000.
This transaction is being reported because the EU Market Abuse Regulation requires the disclosure of transactions made by persons discharging managerial responsibilities (like directors) and persons closely associated with them to ensure market transparency and prevent insider dealing.