Summary
This 8-K filing reports a significant change in major holdings for CRH Public Limited Company (CRH). Cevian Capital II GP Limited, along with its associated entities Cevian Capital Partners Limited and Cevian Capital II Co-Investment Fund LP, has crossed the 3% threshold for voting rights attached to shares. This notification signifies an acquisition or disposal of voting rights, as Cevian Capital Partners Limited now holds a notable percentage of CRH's voting rights.
Key Highlights
- 1Cevian Capital II GP Limited, along with related entities, has notified CRH of a major holding.
- 2The notification concerns voting rights attached to shares.
- 3The threshold crossed or reached is 3% of voting rights.
- 4The date on which the threshold was crossed or reached is March 19, 2020.
- 5Cevian Capital Partners Limited holds 3.04% of the voting rights, amounting to 23,854,016 shares.
- 6The total voting rights attached to shares held by the reporting entities is 3.51% of the total issued shares (784,579,144).
- 7The filing clarifies the ownership structure through controlled undertakings, including Cevian Capital II Master Fund L.P. and Cevian Capital II Co-Investment Fund L.P.
Frequently Asked Questions
Cevian Capital II GP Limited is an entity acting as the general partner for investment funds that hold CRH shares. Their notification of a major holding exceeding 3% is significant for CRH investors as it indicates a substantial stake by an institutional investor, which could influence future corporate actions or shareholder engagement.
Crossing the 3% threshold means that Cevian Capital, through its associated entities, now holds a significant percentage of CRH's voting rights. This level of ownership often triggers reporting requirements under securities regulations and signals a considerable investment in the company.
Cevian Capital Partners Limited holds 3.04% of the voting rights attached to CRH shares, which equates to 23,854,016 shares. This is the primary direct holding that triggered the notification.
Based on the provided Form 6-K, the notification specifically pertains to voting rights attached to shares. There is no indication of any major holdings through financial instruments or derivatives in the reported sections B1 and B2.