CRH to switch listing to London

CRH is to switch its primary share listing from Dublin to London in order to more accurately reflect its investor base.

As much as 90% of the Dublin-headquartered building materials giant’s shareholders are based outside Ireland; 55% of shares are traded in London, with only 20% traded in Dublin — a gap that is growing.

CRH chief executive Myles Lee said the move is “a logical progression” given the international nature of the group’s business.