CRH publishes shareholder letter on proposed 7% preference share cancellation terms

Reuters03-30
CRH publishes shareholder letter on proposed 7% preference share cancellation terms
  • CRH published a shareholder letter outlining plan to delist its 7% ‘A’ cumulative preference shares from London Stock Exchange effective April 20, 2026.
  • Board proposed cancelling entire 7% preference share class in exchange for cash consideration of €3.56 per share.
  • Transaction terms imply payment equal to 40 times annual dividend per 7% preference share.
  • Cancellation requires votes at May 7, 2026 annual general meeting on capital reduction resolution, followed by separate class vote at May 21, 2026 scheme meeting.
  • Letter directs shareholders to CRH preference shareholder page at https://www.crh.com/investors/preference-shareholders/.


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