Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc covers the period from November 1, 2022, to November 30, 2022, with the report filed on December 1, 2022. The document serves as a compliance report under the FCA's Disclosure Guidance and Transparency Rules, detailing transactions by Persons Discharging Managerial Responsibilities (PDMR) and providing an update on the company's total voting rights and share capital.
Key Financial Metrics
The filing does not contain consolidated financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics for the company. The only financial data provided relates to specific share transactions by executives:
- Share Capital: As of November 30, 2022, the company had 456,957,562 ordinary shares of €0.01 each in issue.
- Voting Rights: Total voting rights equal the number of shares in issue (456,957,562), with no shares held in treasury.
- Executive Transaction Values:
- Veronique Vuillod (Chief People and Culture Officer): Acquired 2,069 shares at a weighted average price of $23.21; sold 2,069 shares at a weighted average price of $47.34.
- Stephen Moorhouse (General Manager, Great Britain): Acquired 22,520 shares at a weighted average price of $31.98; sold 22,520 shares at a weighted average price of $51.63.
- Other PDMRs (Manik Jhangiani, Clare Wardle, Peter Brickley, Stephen Lusk, Leendert den Hollander): Acquired small fractional shares (approx. 3 to 7 shares each) via the UK Share Plan or Shareshop at prices ranging from $25.41 to $50.82.
Material Changes
The filing does not report material changes to the company's business operations, financial condition, or strategic direction compared to prior periods. The primary change noted is the update to the total number of voting rights and share capital as of November 30, 2022, which stands at 456,957,562 shares.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, risk factors, or discussion of contingencies. It is strictly a regulatory notification of insider trading activity and capital structure status.
Key Facts for Investor Verification
- Verify the total share count of 456,957,562 as the denominator for calculating shareholder notification thresholds under FCA rules.
- Note that PDMR transactions were primarily related to the exercise of stock options (Veronique Vuillod, Stephen Moorhouse) or participation in the UK Share Plan (other executives).
- Confirm that no treasury shares were held as of November 30, 2022.
- Recognize that this filing does not provide operational or financial performance data; investors should refer to the company's Form 20-F or interim reports for such information.