Summary
CRH Public Limited Company (CRH) filed a Form 6-K on November 30, 2023, reporting a transaction by a person discharging managerial responsibilities. Specifically, the filing details a dividend reinvestment by Albert Manifold, Chief Executive of CRH plc. This event is an initial notification of a transaction under Article 19 of the EU's Market Abuse Regulation. The transaction involved the reinvestment of a dividend into CRH ordinary shares at a price of US$62.03667 per share, with a volume of 73.900211 shares. The transaction occurred on November 28, 2023, in New York.
Key Highlights
- 1Notification of shareholding transaction by CRH's Chief Executive, Albert Manifold.
- 2Transaction type: Re-investment of Dividend into CRH ordinary shares.
- 3Date of transaction: November 28, 2023.
- 4Price per share: US$62.03667.
- 5Volume of shares reinvested: 73.900211 ordinary shares.
- 6Transaction place: New York.
- 7This filing is an initial notification under the EU Market Abuse Regulation.
Frequently Asked Questions
This is a Form 6-K, which is a report of a foreign private issuer required by the SEC. It is being used here to disclose Director/PDMR (Persons Discharging Managerial Responsibilities) shareholding information.
The transaction was made by Albert Manifold, who holds the position of Chief Executive at CRH plc.
Albert Manifold reinvested a dividend he received into CRH ordinary shares. This means the dividend payment was used to purchase additional shares of CRH.
No, this is not a sale. It is a reinvestment of a dividend, which means the executive used dividend income to acquire more CRH shares, indicating a continued investment in the company.