Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners Plc (now Coca-Cola Europacific Partners Plc) covers the period from March 1, 2021, to March 31, 2021, with the report filed on April 1, 2021. The document serves as a compliance report under the FCA's Disclosure Guidance and Transparency Rules, detailing specific corporate governance events, executive transactions, and capital structure updates rather than providing a full financial performance review.
Key Financial Metrics
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on equity-related disclosures.
- Share Capital: As of March 31, 2021, the company had 455,283,288 ordinary shares of €0.01 each in issue.
- Voting Rights: Total voting rights stand at 455,283,288, with no shares held in treasury.
- Share Schemes: The balance of unallotted securities under the company's incentive schemes decreased from 15,885,116 to 15,150,450 during the six-month period ending March 16, 2021, following the issuance of 734,666 securities.
Material Changes
There are no material changes to financial performance reported in this filing. The primary changes relate to corporate structure and executive holdings:
- Executive Transactions: Six Persons Discharging Managerial Responsibilities (PDMRs) acquired ordinary shares on March 19, 2021, pursuant to the UK Share Plan. Transactions were executed on the New York Stock Exchange at a price of approximately $52.08 per share.
- Capital Structure: The total number of issued shares and voting rights remained consistent with the denominator required for shareholder notification calculations as of March 31, 2021.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors. The document is a statutory notification of share transactions and capital data.
Key Facts for Investor Verification
- Verify the total issued share count of 455,283,288 as the baseline for calculating major shareholder notification thresholds.
- Note that 734,666 shares were issued under incentive plans between September 17, 2020, and March 16, 2021.
- Confirm that no treasury shares were held as of March 31, 2021.
- Review the specific PDMR transactions (Manik Jhangiani, Clare Wardle, Peter Brickley, Stephen Lusk, Leendert den Hollander, Stephen Moorhouse) for insider trading compliance context.