Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners plc covers the period from February 1, 2020, to February 29, 2020. The report serves as a notification of specific regulatory disclosures required under the FCA's Disclosure Guidance and Transparency Rules, specifically regarding transactions by Persons Discharging Managerial Responsibilities (PDMRs) and the company's total voting rights and share capital as of the end of the period.
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 notification of share transactions and capital structure.
- Ordinary Shares in Issue: 455,960,558 (as of February 29, 2020)
- Share Par Value: €0.01 each
- Total Voting Rights: 455,960,558
- Treasury Shares: None
Material Changes
The filing details specific share acquisitions by six PDMRs on February 19, 2020, executed pursuant to the UK Share Plan. These transactions were conducted on the New York Stock Exchange (XNYS).
- Manik Jhangiani (Chief Financial Officer): Acquired 6.404072 shares.
- Clare Wardle (General Counsel and Company Secretary): Acquired 6.404072 shares.
- Peter Brickley (Chief Information Officer): Acquired 6.404072 shares.
- Nicholas Wall (Chief People and Culture Officer): Acquired 6.404072 shares.
- Stephen Moorhouse (General Manager, Northern Europe): Acquired 6.404072 shares.
- Leendert den Hollander (General Manager, Great Britain): Acquired 6.404072 shares.
For each executive, the aggregated transaction price was USD $30.281061 per share, comprising a mix of paid shares (at USD $55.515281) and shares acquired at no cost (USD $0.00).
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 ownership changes and capital totals.
Investor Verification Checklist
- Verify the total number of voting rights (455,960,558) for calculating notification thresholds under FCA rules.
- Confirm that no treasury shares were held as of February 29, 2020.
- Review the specific share plan mechanics that allowed for partial zero-cost acquisitions by PDMRs.
- Note that this filing does not include operational or financial results; refer to Form 20-F or quarterly reports for financial performance.