Summary
This 8-K filing by CRH Public Limited Company (CRH) reports a transaction by a Director/PDMR (Person Discharging Managerial Responsibilities). Specifically, it details a purchase of American Depositary Receipts (ADRs) by Non-executive Director Mary K. Rhinehart. This notification is in accordance with the Market Abuse Regulation (MAR) of the European Union and provides transparency regarding insider shareholding. Investors can view this as a signal of confidence from a key executive in the company's stock. The transaction involves the purchase of 1,000 ADRs at a price of US$27.34 each on November 20, 2018, executed in New York. While this is a single transaction, it contributes to the overall understanding of insider activity within CRH.
Key Highlights
- 1Notification of a share purchase by a Non-executive Director, Mary K. Rhinehart.
- 2Transaction involves the purchase of 1,000 American Depositary Receipts (ADRs) of CRH plc.
- 3The purchase price was US$27.34 per ADR.
- 4The transaction date was November 20, 2018.
- 5The transaction took place in New York.
- 6This disclosure is made in compliance with Article 19 of the EU Market Abuse Regulation (MAR).
- 7Each ADR represents one Ordinary Share of €0.32 each.
Frequently Asked Questions
The share purchase was made by Mary K. Rhinehart, who serves as a Non-executive Director of CRH plc.
She purchased 1,000 American Depositary Receipts (ADRs) of CRH plc. Each ADR represents one Ordinary Share of €0.32 each.
The purchase was made at a price of US$27.34 per ADR.
This transaction is being reported as required by Article 19 of the Market Abuse Regulation (MAR) of the European Union, which mandates the disclosure of transactions by Persons Discharging Managerial Responsibilities (PDMRs) and persons closely associated with them.