Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners plc covers the period from January 1, 2020, to January 31, 2020, with the report filed on February 3, 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 January 31, 2020.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is a regulatory disclosure focused on corporate governance and shareholding structure.
- Ordinary Shares in Issue: 456,506,478 (as of January 31, 2020)
- Share Par Value: €0.01 each
- Total Voting Rights: 456,506,478
- Treasury Shares: None
Material Changes
The filing reports specific share acquisitions by six senior executives under the UK Share Plan on January 21, 2020. These transactions are routine equity compensation events and do not represent material changes to the company's capital structure or operations.
- Executives Involved: Manik Jhangiani (CFO), Clare Wardle (General Counsel), Peter Brickley (CIO), Nicholas Wall (Chief People and Culture Officer), Stephen Moorhouse (GM Northern Europe), and Leendert den Hollander (GM Great Britain).
- Transaction Details: Each executive acquired 6.737426 Ordinary Shares.
- Transaction Price: Aggregated price of USD $28.812565 per share (comprising a mix of paid and zero-cost shares).
- Exchange: New York Stock Exchange (XNYS).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, contingencies, or unusual items. The document is strictly a compliance notification under the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6).
Investor Verification Checklist
- Verify the total number of voting rights (456,506,478) for calculating notification thresholds under FCA rules.
- Confirm that no treasury shares were held as of January 31, 2020.
- Review the specific share plan terms for the UK Share Plan to understand the valuation of the zero-cost portion of the executive acquisitions.
- Note that this filing contains no operational or financial performance data; refer to the most recent Form 20-F or quarterly reports for financial metrics.