Summary
CRH Public Limited Company (CRH) has filed a Form 6-K to report its total voting rights as of June 28, 2019. This filing is a routine disclosure required by European regulations for listed companies, specifically related to Transparency Directive requirements. Investors should note that CRH has 843,390,338 ordinary shares of EUR 0.32 each in issue. A significant portion of these shares, 42,524,034, are held as treasury shares. The key takeaway for shareholders is the total number of voting rights available, which stands at 800,866,304. This figure is crucial for shareholders to determine their notification obligations under the Transparency Rules, particularly when their interest in CRH plc reaches or changes by certain thresholds.
Key Highlights
- 1CRH plc announced its total voting rights as of June 28, 2019.
- 2The total number of ordinary shares in issue is 843,390,338.
- 3The company holds 42,524,034 treasury shares.
- 4The total number of voting rights is calculated to be 800,866,304.
- 5This figure serves as the denominator for shareholder notification obligations under Transparency Rules.
- 6The filing is made in accordance with Regulation 20 of the Transparency (Directive 2004/109/EC) Regulations 2007.
Frequently Asked Questions
This Form 6-K filing is made by CRH plc to report its total number of voting rights. This information is required by European regulations, specifically the Transparency Directive, to inform shareholders of the total voting power available and to assist them in determining their own notification obligations regarding their holdings.
As of June 28, 2019, CRH plc has a total of 800,866,304 voting rights. This figure is derived from the total issued ordinary shares less the treasury shares held by the company.
Treasury shares are shares that a company has repurchased from the open market but has not yet cancelled. These shares do not carry voting rights, so they are subtracted from the total number of issued shares to arrive at the total number of actual voting rights available to be exercised by shareholders.
Transparency Rules, such as those under the Transparency Directive, require shareholders to notify the company and regulatory authorities when their stake in the company reaches or crosses certain thresholds (e.g., 5%, 10%). The total number of voting rights (800,866,304 in this case) provided in this filing serves as the denominator that shareholders must use to calculate what percentage of the company their holding represents to determine if they need to make such notifications.