29. Share Capital and Reserves (i)  The Ordinary Shares represent 93.68% of the total issued share capital. (ii)  The Income Shares, which represent 5.85% of the total issued share capital, were created on 29 August 1988 for the express purpose of giving shareholders  the choice of receiving dividends on either their Ordinary Shares or on their Income Shares (by notice of election to the Company). The Income Shares carried  a different tax credit to the Ordinary Shares. The creation of the Income Shares was achieved by the allotment of fully paid Income Shares to each shareholder  equal to his/her holding of Ordinary Shares but the shareholder is not entitled to an Income Share certificate, as a certificate for Ordinary Shares is deemed to  include an equal number of Income Shares and a shareholder may only sell, transfer or transmit Income Shares with an equivalent number of Ordinary Shares.  Income Shares carry no voting rights. Due to changes in Irish tax legislation since the creation of the Income Shares, dividends on the Company’s shares no  longer carry a tax credit. As elections made by shareholders to receive dividends on their holding of Income Shares were no longer relevant, the Articles of  Association were amended on 8 May 2002 to cancel such elections. The aggregate number of shares which may be committed for issue in respect of any share option scheme, savings-related share option scheme, share participation  scheme, performance share plan or any subsequent option scheme or share plan, may not exceed 10% of the issued Ordinary share capital from time to time. Details of share options granted under the Company’s share option schemes and the terms attaching thereto are provided in note 8 to the financial statements and  on page 60 of the Report on Directors’ Remuneration. Share schemes  Share option schemes Share participation schemes  Performance Share Plan  As at 31 December 2012, 7,272,632 (2011: 7,118,587) Ordinary Shares had been appropriated to participation schemes. In the financial year ended 31 December  2012, the appropriation of 154,045 shares was satisfied by the reissue of Treasury Shares (2011: 39,144). The Ordinary Shares appropriated pursuant to these  schemes were issued at market value on the dates of appropriation. The shares issued pursuant to these schemes are excluded from the scope of IFRS 2 Share- based Payment and are hence not factored into the expense computation and the associated disclosures in note 8. In accordance with the terms of the Performance Share Plan (see note 8), Ordinary Shares have been purchased by the Employee Benefit Trust on behalf of CRH  plc. The number of these shares held as at the balance sheet date was as follows: In 2012, 226,617 Ordinary Shares were acquired by the Employee Benefit Trust by way of the reissue of Treasury Shares by CRH plc to satisfy the release of  shares in respect of the 2009 award under the Performance Share Plan. (iii) Issue of scrip shares in lieu of cash dividends: 2012 2011 Equity Share Capital Ordinary Shares of €0.32 each  (i) Income Shares of €0.02 each  (ii) Ordinary Shares of  €0.32 each (i) Income Shares of  €0.02 each (ii) Authorised At 1 January 2012 and 31 December 2012 (€m)  320   20   320   20  Number of Shares at 1 January 2012 and 31 December 2012 ('000s) 1,000,000 1,000,000 1,000,000 1,000,000 Allotted, called-up and fully paid At 1 January (€m)  233   14   230   14  Issue of scrip shares in lieu of cash dividends (iii)  2   -  3   - At 31 December (€m)  235   14   233   14  The movement in the number of shares (expressed in ‘000s) during the financial year was as follows: At 1 January 727,897 727,897 718,508 718,508 Issue of scrip shares in lieu of cash dividends (iii) 5,924 5,924 9,389 9,389 At 31 December 733,821 733,821 727,897 727,897 Number of Shares 2012 2011 Options exercised during the year (satisfied by the reissue of Treasury Shares) 1,163,827 248,806 At 1 January   - 163,226 Released by the Employee Benefit Trust to the participants of the Performance Share Plan  - (163,226) At 31 December   -  - Number of Shares Price per Share 2012 2011 2012 2011 May 2012 - Final 2011 dividend (2011: Final 2010 dividend) 2,653,368 6,950,139 €15.40 €15.35 October 2012 - Interim 2012 dividend (2011: Interim 2011 dividend) 3,270,169 2,438,854 €14.27 €11.50 Total 5,923,537 9,388,993 CRH 113