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Coca-Cola HBC AG Announces Internal Shareholding Restructuring

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Coca-Cola HBC AG Announces Internal Shareholding Restructuring

Coca Cola HBC ( (GB:CCH) ) just unveiled an announcement.

Coca-Cola HBC AG announced a significant internal restructuring involving the acquisition of 623,665 ordinary shares by Mervail Company (PTC) Ltd, acting as a trustee for a private discretionary trust. This transaction is part of a reorganization related to a larger holding of shares, aiming to benefit the family of the late Avgie Leventis, including the company’s director and PDMR, Christodoulos Leventis. The notification complies with UK and EU Market Abuse Regulations, reflecting the company’s commitment to transparency in its financial dealings.

More about Coca Cola HBC

Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company, operating in the beverage industry. It focuses on producing and distributing a wide range of non-alcoholic ready-to-drink beverages, including sparkling drinks, juices, and water, across various markets.

YTD Price Performance: 26.72%

Average Trading Volume: 678,839

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £12.55B

See more data about CCH stock on TipRanks’ Stock Analysis page.

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