Coca-Cola HBC Announces Director Shareholding Restructuring
Why we think this is neutral
This RNS announcement is a routine notification of a director shareholding restructuring within the Coca-Cola HBC group. It does not contain any information about the company's financial performance, operations, or future prospects, and therefore does not warrant a strong sentiment score.
Key Points
- Coca-Cola HBC director George Pavlos Leventis has restructured his shareholding through an internal group reorganization
- 2,138,277 shares were transferred from Carlcan Holding Ltd to Mervail Company (PTC) Ltd, as trustee of private discretionary trusts
- The transaction was carried out at 0.00 GBP per share outside of a trading venue
Summary
Coca-Cola HBC AG has announced a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs). The company's PDMR, George Pavlos Leventis, has had 2,138,277 shares held directly in the issuer transferred to Mervail Company (PTC) Ltd, as trustee of private discretionary trusts, by its wholly owned subsidiary, Carlcan Holding Ltd, pursuant to an internal reorganization. The transaction was carried out outside of a trading venue at a price of 0.00 GBP per share.