Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners Plc covers the period from January 1, 2018, to January 31, 2018. The report was filed on February 1, 2018, to comply with the UK Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules (DTR 5.6). The filing primarily discloses transactions by Persons Discharging Managerial Responsibilities (PDMRs) and provides an update on the company's total voting rights and capital structure.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is a regulatory disclosure focused on share ownership and capital structure.
- Total Ordinary Shares in Issue: 484,849,041 (as of January 31, 2018)
- Share Par Value: €0.01 per share
- Total Voting Rights: 484,849,041
- Treasury Shares: None
Material Changes
The filing reports specific share acquisitions by five PDMRs on January 11, 2018, executed via the UK Employee Share Plan on the New York Stock Exchange. These transactions resulted in an increase in the personal holdings of the following executives:
- Manik Jhangiani (Chief Financial Officer): Acquired 8.801258 shares.
- Ronald Lewis (Chief Supply Chain Officer): Acquired 8.801258 shares.
- Clare Wardle (General Counsel and Company Secretary): Acquired 8.801258 shares.
- Stephen Moorhouse (General Manager, Northern Europe): Acquired 8.801258 shares.
- Leendert den Hollander (General Manager, Great Britain): Acquired 8.801258 shares.
For each executive, the transaction consisted of 4.800749 shares purchased at USD $38.6243 and 4.000509 shares acquired at USD $0.00, resulting in an aggregated price of USD $21.068076 per share.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, contingencies, or unusual items. The document is strictly a notification of PDMR transactions and capital structure status.
Investor Verification Checklist
- Verify the total number of voting rights (484,849,041) for calculating notification thresholds under FCA rules.
- Confirm the absence of treasury shares as of January 31, 2018.
- Note that the reported share acquisitions by executives were part of a standard employee share plan and involved a mix of paid and non-paid (likely matching or bonus) shares.
- Recognize that this filing contains no operational or financial performance data; refer to Form 20-F or quarterly reports for financial metrics.