8-K

CRH PUBLIC LTD CO 8-K Report (Apr 3, 2019)

Filed April 3, 2019For Securities:CRH

Summary

CRH Public Limited Company filed a Form 6-K on April 1, 2019, to report its block listing six-monthly returns for various share option schemes. This filing provides an update on the number of unallotted securities under these schemes as of March 31, 2019. Investors should note that the "2000 Share Option Scheme (RA/CRHplc/00024)" and the "2010 Share Option Scheme" and "2010 Savings-Related Share Option Scheme" still have significant balances of unallotted securities, indicating potential future share issuances. The "2000 Share Option Scheme (United Kingdom)" had all remaining options lapse, meaning no further shares will be allotted under this particular scheme. For the other schemes, the balances of unallotted securities remained unchanged from the previous return, suggesting no new grants or exercises during the reporting period (October 1, 2018, to March 31, 2019). This information is important for understanding the potential dilution from employee stock options.

Key Highlights

  • 1CRH filed a Form 6-K on April 1, 2019, detailing block listing returns for share option schemes.
  • 2The filing covers the period from October 1, 2018, to March 31, 2019.
  • 3The '2000 Share Option Scheme (RA/CRHplc/00024)' has a balance of 14,225,518 unallotted securities.
  • 4The '2010 Share Option Scheme' has a balance of 608,300 unallotted securities.
  • 5The '2010 Savings-Related Share Option Scheme' has a balance of 752,344 unallotted securities.
  • 6The '2000 Share Option Scheme (United Kingdom)' has had all remaining options lapse, with no further shares to be allotted.
  • 7No securities were issued or allotted under the reported schemes during the specified period.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to provide the exchange with six-monthly updates on the number of securities available for allotment under CRH's various block listing share option schemes. It details the status of unallotted securities as of March 31, 2019.

This filing itself does not indicate new share issuances have occurred during the period. However, it shows substantial balances of unallotted securities under several schemes (e.g., '2000 Share Option Scheme (RA/CRHplc/00024)'), which represent potential future share issuances if options are exercised by employees.

The '2000 Share Option Scheme (United Kingdom)' will not have any further share allotments, as all remaining options under this scheme have lapsed.

Excluding the '2000 Share Option Scheme (United Kingdom)' where options have lapsed, the total number of unallotted securities as of March 31, 2019, is 14,225,518 (from '2000 Share Option Scheme (RA/CRHplc/00024)') + 608,300 (from '2010 Share Option Scheme') + 752,344 (from '2010 Savings-Related Share Option Scheme') = 15,586,162.