Summary
CRH Public Limited Company has announced the successful approval by its preference shareholders for the cancellation of their respective classes of shares. On May 21, 2026, separate scheme meetings were held for holders of the 7% 'A' cumulative preference shares and the 5% cumulative preference shares. The overwhelming majority of votes cast at both meetings were in favor of the proposed cancellation, indicating strong shareholder support for this corporate action. This outcome is significant as it paves the way for CRH to proceed with the de-listing or redemption of these preference shares. Investors holding these specific preference shares should note that their securities are now slated for cancellation, and they should review any further communications from CRH regarding the process, timing, and any potential compensation or alternative arrangements.
Key Highlights
- 1Preference shareholders overwhelmingly approved the cancellation of their respective share classes.
- 2The 7% 'A' cumulative preference shares scheme meeting resulted in a vote of 496,285 for cancellation versus 30,972 against.
- 3The 5% cumulative preference shares scheme meeting resulted in a vote of 35,782 for cancellation versus 6,543 against.
- 4No abstentions were recorded in the official vote count for either meeting.
- 5Broker non-votes were not applicable ('N/A') for these scheme meetings.
- 6The approvals are a critical step towards CRH proceeding with the cancellation of these preference shares.