Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners plc covers the period from May 1, 2020, to May 31, 2020, with the report filed on June 1, 2020. The document serves as a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) and provides an update on the company's total voting rights and share capital as of May 31, 2020.
Key Financial Metrics
The filing text does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly a regulatory disclosure regarding share transactions and capital structure.
| Metric | Value |
|---|---|
| Total Ordinary Shares in Issue | 454,161,479 |
| Share Par Value | €0.01 |
| Total Voting Rights | 454,161,479 |
| Treasury Shares | 0 |
Material Changes
The filing details specific share acquisitions by six PDMRs on May 19, 2020, pursuant to the UK Share Plan. These transactions represent a material change in individual executive holdings but do not alter the total share capital reported as of May 31, 2020.
- Manik Jhangiani (Chief Financial Officer): Acquired 10.018246 Ordinary Shares.
- Clare Wardle (General Counsel and Company Secretary): Acquired 10.018246 Ordinary Shares.
- Peter Brickley (Chief Information Officer): Acquired 10.018246 Ordinary Shares.
- Nicholas Wall (Chief People and Culture Officer): Acquired 10.018246 Ordinary Shares.
- Stephen Moorhouse (General Manager, Northern Europe): Acquired 10.018246 Ordinary Shares.
- Leendert den Hollander (General Manager, Great Britain): Acquired 10.018246 Ordinary Shares.
For each executive, the transaction consisted of two tranches: 5.009123 shares at a price of USD $36.388378 and 5.009123 shares at a price of USD $0.00, resulting in an aggregated price of USD $18.194189 per share.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, financial guidance, outlook, risk factors, or contingencies. It is a compliance report under the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6).
Investor Verification Checklist
- Verify the total number of voting rights (454,161,479) for calculating notification thresholds under FCA rules.
- Confirm that no shares were held in treasury as of May 31, 2020.
- Review the specific share plan terms regarding the mixed pricing (paid vs. zero-cost) for the PDMR acquisitions on May 19, 2020.
- Note that this filing does not contain operational or financial performance data; refer to Form 20-F or quarterly reports for those metrics.