CRH categorically rejects the allegations contained in the press release issued today by the Board of Directors of Corporación Uniland S.A. (Uniland) that the purchase by CRH of a 26.3% shareholding in Uniland was unlawful and fraudulent.
The press release is inaccurate in a number of factual respects. CRH and its Spanish legal advisors are satisfied that it has full and legal title to its 26.3% shareholding.
CRH regrets that the Board of Directors of Uniland has initiated legal action and will take all necessary steps to protect its position.