Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners plc covers the period from August 1 to August 31, 2018, with the report filed on September 4, 2018. The document serves as a notification of specific regulatory events required under the FCA's Disclosure Guidance and Transparency Rules, specifically detailing transactions by Persons Discharging Managerial Responsibilities (PDMRs) and the company's total voting rights and share capital as of August 31, 2018.
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 ownership and executive transactions.
| Metric | Value |
|---|---|
| Total Ordinary Shares in Issue (as of Aug 31, 2018) | 486,444,013 |
| Share Par Value | €0.01 |
| Total Voting Rights | 486,444,013 |
| Treasury Shares | None |
Material Changes
The filing reports the following material changes and notifications:
- PDMR Share Acquisitions: On August 10, 2018, seven senior executives acquired Ordinary Shares pursuant to the UK Employee Share Plan. Transactions were executed on the New York Stock Exchange (XNYS).
- Executive Transactions:
- Manik Jhangiani (CFO): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Ron Lewis (Chief Supply Chain Officer): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Clare Wardle (General Counsel & Company Secretary): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Peter Brickley (CIO): Acquired 9.42 shares (Aggregated Price: $25.10/share).
- Nick Wall (Chief HR Officer): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Stephen Moorhouse (GM, Northern Europe): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Leendert den Hollander (GM, Great Britain): Acquired 8.23 shares (Aggregated Price: $23.02/share).
- Capital Structure: As of August 31, 2018, the total number of voting rights was confirmed at 486,444,013, with no shares held in treasury.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, contingencies, or unusual items. The document is limited to statutory notifications of share transactions and capital structure.
Investor Verification Checklist
- Verify the total share count of 486,444,013 against the company's latest annual report (Form 20-F) to confirm no other issuances or buybacks occurred outside this notification window.
- Confirm the details of the UK Employee Share Plan to understand the vesting schedules and conditions attached to the shares acquired by the listed executives.
- Review the specific transaction prices (ranging from $0.00 to $42.21 per share) to understand the mix of matched savings and direct purchase components within the employee plan.
- Check subsequent filings for any changes in the total voting rights or treasury share holdings following the August 31, 2018 date.