Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners plc covers the period from June 1, 2018, to June 30, 2018. The report serves as a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) and persons closely associated with them, as required by the FCA's Disclosure Guidance and Transparency Rules. It also discloses the company's total voting rights and share capital as of June 30, 2018.
Key Financial Metrics
The filing text does not provide financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly a regulatory disclosure of insider trading activity and capital structure.
| Metric | Value |
|---|---|
| Total Ordinary Shares in Issue | 486,108,000 |
| Share Par Value | €0.01 |
| Total Voting Rights | 486,108,000 |
| Treasury Shares | 0 |
Material Changes
The filing details multiple transactions by senior executives and directors during June 2018. Notable activities include:
- Acquisitions: Multiple PDMRs acquired shares via the UK Employee Share Plan, automatic dividend reinvestment, or direct purchase. Notable acquisitions include 10,000 shares by Chief Human Resources Officer Nick Wall on June 28, 2018, and 1,730 shares by Chief Information Officer Peter Brickley on May 30, 2018.
- Sales: Vice President & General Manager - France, Ben Lambrecht, sold 9,570 ordinary shares on June 25, 2018, at an aggregated price of approximately USD $40.18 per share.
- Share Price Range: Transaction prices reported in the filing ranged from approximately USD $37.88 to USD $40.28 per share during the period.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, financial guidance, outlook, risk factors, contingencies, or unusual items. The document is limited to statutory notifications of share transactions and capital data.
Important Facts for Investors to Verify
- Verify the total share count of 486,108,000 against the company's latest annual report to confirm no other issuances or buybacks occurred outside this notification window.
- Review the specific nature of the sale by Ben Lambrecht (9,570 shares) to determine if it aligns with pre-established trading plans or represents a discretionary decision.
- Confirm the impact of the UK Employee Share Plan acquisitions on the company's diluted share count, as these transactions often involve matching shares or tax-advantaged structures.
- Check subsequent filings for any changes in the total voting rights or treasury share holdings following the June 30, 2018 date.