8-K

CRH PUBLIC LTD CO 8-K Report (Dec 20, 2022)

Filed December 20, 2022For Securities:CRH

Summary

This 8-K filing by CRH PUBLIC LTD CO (CRH) on December 20, 2022, discloses a significant change in major holdings. The report details a notification from The Goldman Sachs Group, Inc. (and its affiliates) regarding their acquisition of voting rights and financial instruments related to CRH shares. This transaction resulted in Goldman Sachs crossing the 8% threshold of total voting rights attached to CRH shares. Specifically, on December 15, 2022, Goldman Sachs' total position in CRH increased to 8.01% of the company's voting rights. This aggregate holding comprises 0.56% of voting rights directly attached to shares and 7.45% through financial instruments. Investors should note that this filing primarily reports a change in a major shareholder's stake rather than operational or financial performance updates from CRH itself. The detailed breakdown of shareholdings and financial instruments provides transparency on the nature and extent of Goldman Sachs' interest in CRH.

Key Highlights

  • 1The Goldman Sachs Group, Inc. and its affiliates have crossed a major holding threshold in CRH.
  • 2As of December 15, 2022, Goldman Sachs' total voting rights in CRH reached 8.01%.
  • 3The 8.01% holding is comprised of 0.56% voting rights attached to shares and 7.45% via financial instruments.
  • 4The previous notification indicated a holding of 7.99% (0.53% shares, 7.46% financial instruments).
  • 5The filing is a Standard Form TR-1 for notification of major holdings.
  • 6The total number of voting rights in CRH as of the notification date was 745,425,529.

Frequently Asked Questions

The main purpose of this filing is to notify the SEC and CRH PUBLIC LTD CO that The Goldman Sachs Group, Inc. and its affiliates have acquired a significant stake in the company, crossing the 8% threshold of total voting rights. This is a disclosure requirement for major shareholders.

The notification is made by The Goldman Sachs Group, Inc., along with its relevant subsidiaries such as Goldman Sachs International and others involved in holding voting rights or financial instruments related to CRH.

The 8.01% holding represents the total voting rights that The Goldman Sachs Group, Inc. and its affiliates effectively control in CRH PUBLIC LTD CO as of December 15, 2022. This aggregate includes both direct ownership of shares and indirect control through various financial instruments.

No, this filing is solely a notification of a change in major shareholding. It does not contain any operational performance updates, financial results, or strategic announcements from CRH PUBLIC LTD CO itself.