01—Abstract
Summary
Summary of the 8-K filed May 21, 2026. Cited figures are marked; the original filing is the authoritative source.
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 '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.
02—Key points
Key Highlights
- Preference shareholders overwhelmingly approved the cancellation of their respective share classes.
- The 7% 'A' cumulative preference shares scheme meeting resulted in a vote of 496,285 for cancellation versus 30,972 against.
- The 5% cumulative preference shares scheme meeting resulted in a vote of 35,782 for cancellation versus 6,543 against.
- No abstentions were recorded in the official vote count for either meeting.
- Broker non-votes were not applicable ('N/A') for these scheme meetings.
- The approvals are a critical step towards CRH proceeding with the cancellation of these preference shares.
03—Questions
Frequently Asked Questions
What was the primary purpose of the scheme meetings held on May 21, 2026?
The primary purpose of the scheme meetings was for holders of CRH's 7% 'A' cumulative preference shares and 5% cumulative preference shares to vote on a proposed scheme of arrangement for the cancellation of their respective classes of shares.
What were the voting results for the cancellation of the 7% 'A' cumulative preference shares?
The holders of the 7% 'A' cumulative preference shares voted overwhelmingly in favor of the cancellation, with 496,285 votes for and 30,972 votes against.
What were the voting results for the cancellation of the 5% cumulative preference shares?
The holders of the 5% cumulative preference shares also approved the cancellation, with 35,782 votes for and 6,543 votes against.
What does the approval of these scheme meetings mean for the preference shareholders?
The approval means that CRH can now proceed with the cancellation of the 7% 'A' and 5% cumulative preference shares. Shareholders should expect further communications from CRH regarding the specific process, timeline, and any terms of the cancellation.
04—Continue