Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc covers the period from March 1, 2022, to March 31, 2022. The report serves as a disclosure of public announcements required under the FCA's Disclosure Guidance and Transparency Rules. The filing primarily details transactions by Persons Discharging Managerial Responsibilities (PDMR) and updates regarding the company's share incentive schemes.
Key Financial Metrics
The filing text does not provide consolidated financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The document focuses exclusively on equity transactions and administrative updates.
| Metric | Value |
|---|---|
| Share Incentive Scheme Balance (Unallotted) | 13,657,424 shares |
| Shares Issued/Allotted (Period) | 823,179 shares |
| Share Price Range (PDMR Transactions) | USD $45.39 - $50.50 |
Material Changes
The filing reports the following material changes and activities:
- Correction of Prior Disclosure: A correction was issued on March 9, 2022, regarding a March 8 announcement. The aggregated price for a transaction was corrected to USD $299,714.48, and the weighted average price to USD $50.45698244 per share.
- Share Scheme Activity: Between September 17, 2021, and March 16, 2022, 823,179 securities were issued or allotted under the company's incentive plans, reducing the unallotted balance to 13,657,424.
- PDMR Acquisitions: Multiple directors and executives acquired ordinary shares during March 2022, indicating insider confidence or plan vesting.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, or contingencies. The document is strictly a regulatory notification of specific transactions and scheme balances.
Important Facts for Investors to Verify
- Insider Trading Activity: Verify the total volume of shares acquired by PDMRs in March 2022, including Jan Bennink (5,940 shares), Thomas H. Johnson (4,000 shares), and various executives under the UK Share Plan.
- Share Price Volatility: Note the variation in transaction prices for PDMR acquisitions, ranging from approximately USD $45.39 to USD $50.50 during the month.
- Incentive Plan Dilution: Confirm the impact of the 823,179 shares issued under the incentive plans on the total share count and potential dilution.
- Correction Accuracy: Ensure the corrected figures for the March 8 transaction (Aggregated Price: $299,714.48) are reflected in subsequent reporting.