AI assistant
CRH PLC — Regulatory Filings 2012
Apr 25, 2012
1980_ffr_2012-04-25_261043e4-7c3b-414c-a8da-5a4383db8d65.zip
Regulatory Filings
Open in viewerOpens in your device viewer
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A - 16 OR 15D - 16 OF
THE SECURITIES EXCHANGE ACT OF 1934
25 April 2012
Commission File No. 001-32846
____ CRH public limited company
(Translation of registrant's name into English)
Belgard Castle, Clondalkin,
Dublin 22, Ireland.
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): ___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):__
Enclosure: Semapa Intention to Acquire CRH's 49% in Secil
N E W S R E L E A S E
25 April 2012
SEMAPA NOTIFIES CRH OF INTENTION TO ACQUIRE CRH'S 49% HOLDING IN
PORTUGUESE CEMENT JOINT VENTURE SECIL
On 10 August 2011 CRH plc announced that an Arbitral Tribunal in Paris, functioning under the Rules of Arbitration of the International Chamber of Commerce (ICC), had issued its award and that CRH and Semapa (SGPS,S.A.) were obliged to complete the sale and purchase of CRH's 49% shareholding in Secil at an equity price of €574 million.
Semapa has now notified CRH of its intention to acquire the Secil shares held by CRH on 15 May 2012 on the terms set out in the ICC award.
CRH acquired a 49% shareholding with joint management control in Secil in June 2004 for an equity consideration of €329 million plus share of net debt at acquisition of approximately €100 million.
Contact CRH at Dublin 404 1000 (+353 1 404 1000)
Myles Lee Chief Executive
Albert Manifold Chief Operating Officer
Maeve Carton Finance Director
CRH plc, Belgard Castle, Clondalkin, Dublin 22, Ireland TELEPHONE +353 1 404 1000 FAX +353 1 404 1007
E-MAIL: [email protected] WEBSITE: www.crh.com Registered Office, 42 Fitzwilliam Square, Dublin 2, Ireland
Notes for Editors
Secil is a Portuguese manufacturer of cement and ready mixed concrete. Secil also has cement and ready mixed concrete operations in Tunisia and Lebanon and cement operations in Angola.
In 2011, Secil (100% basis) achieved EBITDA of €102 million on sales of €507 million.
Net debt at 31 December 2011 amounted to €142 million.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CRH public limited company
(Registrant )
Date 25 April 2012
By:/s/Maeve Carton
M. Carton
Finance Director