Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc covers the period from December 1, 2021, to December 31, 2021, with the report filed on January 4, 2022. The document serves as a compliance report under the FCA's Disclosure Guidance and Transparency Rules, detailing transactions by Persons Discharging Managerial Responsibilities (PDMRs) and providing an update on the company's total voting rights and share capital.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on equity transactions and share capital data.
- Share Price (Dec 13, 2021): USD $53.796126 per Ordinary Share.
- Share Price (Dec 20, 2021): USD $52.035689 per Ordinary Share.
- Total Ordinary Shares in Issue (Dec 31, 2021): 456,235,032.
- Total Voting Rights: 456,235,032 (one vote per share).
- Treasury Shares: None.
Material Changes
The filing reports specific changes in share ownership for senior management and executives during December 2021. These changes were driven by two primary mechanisms:
- Dividend Reinvestment: On December 13, 2021, multiple executives acquired shares through the automatic reinvestment of the interim dividend paid on December 6, 2021.
- UK Share Plan Acquisitions: On December 20, 2021, several executives acquired shares pursuant to the terms of the UK Share Plan, with some portions acquired at a price of $0.00 (likely matching contributions or vesting).
Notable individual acquisitions included:
- Damian Gammell (CEO): Acquired 8,203.08 shares via dividend reinvestment.
- Leendert den Hollander (GM, Northern Europe): Acquired 1,023.85 shares via dividend reinvestment.
- Stephen Moorhouse (GM, Great Britain): Acquired 923.94 shares via dividend reinvestment.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is strictly a regulatory notification of insider transactions and capital structure status.
Investor Verification Checklist
- Verify the total share count of 456,235,032 against the company's latest annual report (Form 20-F) to confirm no other issuances or buybacks occurred outside this filing.
- Confirm the interim dividend payment date of December 6, 2021, and the reinvestment price of approximately $53.80 to validate the transaction values reported for PDMRs.
- Review the specific terms of the "UK Share Plan" referenced in the December 20 transactions to understand the valuation of shares acquired at $0.00.
- Check for any subsequent filings regarding changes in total voting rights or treasury share holdings post-December 31, 2021.