Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc is dated September 10, 2024. The report serves as a notification of transactions involving Persons Discharging Managerial Responsibilities (PDMR), specifically the Chief Executive Officer, Damian Gammell. The filing does not contain financial results, operational updates, or general business context beyond the specific insider trading activities.
Key Financial Metrics
The filing text does not provide company-wide financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data present relates to the specific share transactions executed by the CEO:
- Acquisition: 324,643 Ordinary Shares acquired at an exercise price of USD $39.00 per share (Total: USD $12,661,077.00).
- Sale 1: 156,781 Ordinary Shares sold at a weighted average price of USD $80.9366 per share (Total: USD $12,689,321.08).
- Sale 2: 167,862 Ordinary Shares sold at a weighted average price of USD $81.7663 per share (Total: USD $13,725,454.65).
Material Changes
No material changes to the company's financial position or operations are reported in this filing. The document solely details the change in shareholding for the CEO resulting from the exercise of stock options and subsequent sales.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or contingencies. The sales of shares were executed partially on a non-discretionary basis to fund the exercise price and tax liabilities associated with the option exercises.
Key Facts for Investor Verification
- Transaction Date: All transactions occurred on September 6, 2024, and September 9, 2024.
- Net Share Change: The CEO acquired 324,643 shares and sold a total of 324,643 shares (156,781 + 167,862), resulting in a net neutral change to his shareholding count from these specific transactions.
- Market Price vs. Exercise Price: Shares were exercised at USD $39.00 and sold at market prices ranging between approximately USD $80.94 and USD $81.77.
- Trading Venue: Transactions were conducted on The Nasdaq Stock Market LLC (XNAS).