8-K

CRH PUBLIC LTD CO 8-K Report (Apr 4, 2018)

Filed April 4, 2018For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on April 3, 2018, primarily to report on the status of its block listing six-monthly returns for various share option schemes. The filing details the number of unallotted securities remaining under these schemes as of March 31, 2018. Investors should note the activity within these employee incentive programs, as it can indicate future potential dilution or management's confidence in the company's performance. The key takeaway for investors is the aggregate balance of securities available for allotment under these schemes. While this filing does not provide financial performance data, it offers transparency into the company's equity-based compensation and share issuance activities, which are important for understanding the potential future share count and ownership structure.

Key Highlights

  • 1CRH plc filed its six-monthly block listing return for the period ending March 31, 2018.
  • 2The filing covers several share option schemes, including the 2000 Share Option Scheme (RA/CRHplc/00024), 2000 Share Option Scheme (United Kingdom) (RA/CRHplc/00023), 2010 Share Option Scheme, and 2010 Savings-Related Share Option Scheme.
  • 3As of March 31, 2018, the 2000 Share Option Scheme (RA/CRHplc/00024) had 14,485,146 unallotted securities.
  • 4The 2000 Share Option Scheme (United Kingdom) (RA/CRHplc/00023) had 607,264 unallotted securities remaining.
  • 5The 2010 Share Option Scheme had 612,950 unallotted securities at the end of the reporting period.
  • 6The 2010 Savings-Related Share Option Scheme had 753,092 unallotted securities available.
  • 7A total of 454,628 securities were issued/allotted across the reported schemes during the period from October 1, 2017, to March 31, 2018.

Frequently Asked Questions

This filing is primarily to provide an update on CRH plc's block listing six-monthly returns for its various share option schemes. It details the number of securities that have been issued and the remaining balance of unallotted securities under these plans as of March 31, 2018.

No, this specific filing (Form 6-K) does not contain financial results or operational performance updates for CRH. Its focus is strictly on the activity and balances within the company's share option and incentive schemes.

Unallotted securities refer to the shares that are authorized under the company's employee share option plans but have not yet been issued or granted to employees. These represent potential future share issuances.

A significant balance of unallotted securities can indicate potential future dilution if options are exercised and new shares are issued. It can also reflect the company's long-term incentive strategy. Investors monitor these balances to understand potential changes in the total number of outstanding shares.