Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners Plc (now Coca-Cola Europacific Partners Plc) was submitted on October 19, 2018. The report serves as a notification of transactions involving a Person Discharging Managerial Responsibilities (PDMR) or a person closely associated with them, as required by regulatory standards.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is strictly a disclosure of insider trading activity.
Material Changes and Transaction Details
The filing discloses a specific transaction involving the Company's Chief Executive Officer, Damian Gammell:
- Transaction Type: Sale of Ordinary Shares on a non-discretionary basis.
- Purpose: To fund tax liabilities arising from the vesting of 39,000 Restricted Stock Units on October 12, 2018.
- Volume: 5,800 Ordinary Shares.
- Aggregated Price: USD $45.07809 per share.
- Date of Transaction: October 18, 2018.
- Exchange: New York Stock Exchange (XNYS).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, risk factors, or contingencies. The document is limited to the statutory notification of the executive's share sale.
Key Facts for Investor Verification
- Verify the total number of shares held by Damian Gammell post-transaction to assess remaining ownership stakes.
- Confirm the vesting schedule and terms of the 39,000 Restricted Stock Units mentioned in the filing.
- Review the Company's broader insider trading history to determine if this sale aligns with a pre-established trading plan.
- Note that this filing contains no operational or financial performance updates for the period.