8-K

CRH PUBLIC LTD CO 8-K Report (May 10, 2023)

Filed May 10, 2023For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed an 8-K detailing a significant corporate event: the upcoming Scheme Meeting and Extraordinary General Meeting (EGM) scheduled for June 8, 2023. The primary purpose of these meetings is for ordinary shareholders to consider and approve a proposal to transfer the company's primary stock exchange listing from the London Stock Exchange (LSE) to the New York Stock Exchange (NYSE). This move also involves changing the LSE listing category from a premium to a standard listing. The proposed changes are expected to become effective on September 25, 2023. Investors should review the detailed shareholder circular for comprehensive information regarding these proposed transactions and their implications.

Key Highlights

  • 1CRH is holding a Scheme Meeting and an Extraordinary General Meeting (EGM) on June 8, 2023.
  • 2The primary purpose of the meetings is to approve the transfer of CRH's primary stock listing to the New York Stock Exchange (NYSE).
  • 3The company also plans to change its London Stock Exchange (LSE) listing category from a premium to a standard listing.
  • 4The proposed transfer and listing changes are anticipated to take effect on September 25, 2023.
  • 5Shareholders will vote on a scheme of arrangement to migrate the settlement system from Euroclear Bank to the Depositary Trust Company.
  • 6A detailed shareholder circular containing all relevant information has been published and distributed to shareholders.

Frequently Asked Questions

The main reason for the Scheme Meeting and EGM is to seek shareholder approval for CRH's proposal to transfer its primary stock exchange listing to the New York Stock Exchange (NYSE) and to move its LSE listing from a premium to a standard category.

The Scheme Meeting and EGM are scheduled to be held on June 8, 2023, starting at 10:00 a.m. at the Royal Marine Hotel in Dún Laoghaire, Co. Dublin, Ireland.

The transactions, including the LSE listing change, are expected to take effect on September 25, 2023.

A detailed shareholder circular, which includes the notice of both meetings and sets out the proposed business, has been published by the company and posted to shareholders. Copies are also available on CRH's website.