Summary
This 8-K filing from CRH Public Limited Company (CRH) on June 4, 2019, reports on the company's total voting rights as of May 31, 2019. The filing is made in accordance with regulatory requirements for foreign private issuers and provides crucial information for shareholders regarding their notification obligations under the Transparency Directive. The key takeaway for investors is the precise number of voting rights available, which is essential for determining when a shareholder's stake in CRH reaches or crosses certain notification thresholds. Understanding this figure helps investors maintain compliance with European regulations and accurately track significant ownership changes within the company.
Key Highlights
- 1CRH Public Limited Company (CRH) filed a Form 6-K, reporting total voting rights as of May 31, 2019.
- 2The filing complies with Regulation 20 of the Transparency (Directive 2004/109/EC) Regulations 2007.
- 3As of May 31, 2019, CRH had 843,390,338 ordinary shares of EUR 0.32 each in issue.
- 4The company held 38,932,564 treasury shares as of the same date.
- 5The total number of voting rights is calculated to be 804,457,774.
- 6This figure (804,457,774) serves as the denominator for shareholders to calculate their notification obligations under Transparency Rules.
Frequently Asked Questions
This filing, a Form 6-K, is primarily to report CRH's total number of voting rights as of a specific date (May 31, 2019). This information is required by regulations like the Transparency Directive (2004/109/EC) for shareholders to properly notify the company of significant changes in their holdings.
As of May 31, 2019, CRH plc had a total of 804,457,774 voting rights. This is calculated after accounting for the total number of ordinary shares in issue and the number of treasury shares held by the company.
Treasury shares are shares that a company has repurchased but not cancelled. They do not carry voting rights. Therefore, subtracting the number of treasury shares from the total issued shares is crucial for determining the actual number of voting rights available, which investors use for notification threshold calculations.
This information is critical for investors who hold or intend to acquire a significant stake in CRH. They must use the reported total voting rights figure (804,457,774) as the denominator to determine if their percentage ownership reaches the notification thresholds set by the Transparency Rules. Failing to notify can lead to regulatory penalties.