8-K

CRH PUBLIC LTD CO 8-K Report (Sep 10, 2018)

Filed September 10, 2018For Securities:CRH

Summary

This filing from CRH Public Limited Company (CRH) on September 10, 2018, is a Form 6-K, reporting a notification of major holdings. Standard Life Aberdeen plc, through its affiliated investment management entities, has crossed a notification threshold regarding its holdings in CRH. Specifically, the aggregate holdings of these entities, which manage voting rights on behalf of multiple client portfolios, fell below the 3% threshold. The notification details that as of September 6, 2018, the total voting rights attached to shares held by these entities amounted to 2.96%, down from a previous notification of 3.05%. This change reflects a disposal of voting rights, as indicated in the filing. The shares are held indirectly through various controlled investment management entities within the Standard Life Aberdeen plc group.

Key Highlights

  • 1Notification of a major holding change concerning CRH plc.
  • 2Standard Life Aberdeen plc and its affiliated investment management entities are the holders subject to notification.
  • 3The aggregate voting rights held by these entities fell below the 3% threshold, reaching 2.96% as of September 6, 2018.
  • 4This change is due to an acquisition or disposal of voting rights, with the previous holding being 3.05%.
  • 5The voting rights are attached to shares with ISIN IE0001827041.
  • 6The shares are managed by discretionary investment management entities on behalf of underlying clients who have delegated voting power.
  • 7The filing details the chain of controlled undertakings through which the voting rights are held.

Frequently Asked Questions

This filing is a Form 6-K, which is used by foreign private issuers to report significant information to the SEC. In this instance, it's a notification of major holdings, indicating that Standard Life Aberdeen plc's aggregate stake in CRH plc, through its managed portfolios, has crossed a disclosure threshold.

The notification is made by Standard Life Aberdeen plc, acting through its various affiliated investment management entities. They are reporting a change in their major holding of voting rights in CRH plc.

The aggregate percentage of voting rights attached to shares held by Standard Life Aberdeen plc's affiliated entities decreased from 3.05% to 2.96%. This means they disposed of some voting rights, causing their total holding to fall below the 3% notification threshold.

The shares are held indirectly through a chain of controlled investment management entities within the Standard Life Aberdeen plc group. The actual voting power is delegated by the underlying clients to these investment managers, who exercise it on behalf of multiple managed portfolios.