Summary
CRH Public Limited Company (CRH) filed a Form 6-K on December 8, 2021, reporting a transaction by a person discharging managerial responsibilities. Richard Fearon, a Non-executive Director, purchased CRH American Depositary Receipts (ADRs). This filing is required under the EU Market Abuse Regulation for disclosure of such transactions.
Key Highlights
- 1Non-executive Director Richard Fearon purchased CRH American Depositary Receipts (ADRs).
- 2The purchases occurred on December 6th and December 9th, 2021.
- 3The purchase prices were US$49.96 and US$50.35 per ADR.
- 4A total of 4,000 ADRs were purchased.
- 5The transactions were conducted on the New York market.
- 6This filing is a notification of transactions by Persons Discharging Managerial Responsibilities (PDMR) and closely associated persons.
Frequently Asked Questions
Richard Fearon is a Non-executive Director at CRH plc. His transactions involving the company's shares (in the form of ADRs) are being reported as per regulatory requirements for individuals in managerial positions, as mandated by the EU Market Abuse Regulation.
Richard Fearon purchased CRH American Depositary Receipts (ADRs). He acquired 2,000 ADRs at US$49.96 each on December 6, 2021, and another 2,000 ADRs at US$50.35 each on December 9, 2021.
CRH is an Irish company and a "foreign private issuer" in the U.S. In accordance with SEC regulations, foreign private issuers often use Form 6-K to report information that they make public in their home country or that is required to be filed by their home country's laws. This particular filing is to report director shareholding notifications required by European regulations.