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ZUG, Switzerland - Coca-Cola HBC AG, a major bottler of The Coca-Cola Company (NYSE:KO), reported on Monday the transfer of treasury shares to fulfill share option plan commitments. The company disclosed the transfer of 27,121 ordinary shares, each with a nominal value of CHF 6.70, from its treasury stock to cover the exercise of options under its share option plan.
As a result of this transaction, Coca-Cola HBC’s issued share capital as of January 31, 2025, stands at 373,239,562 ordinary shares. Of these, 7,620,541 are held by Coca-Cola HBC AG and 3,430,135 are held by its subsidiary, Coca-Cola HBC Services MEPE, in treasury. Consequently, the total number of voting rights in the company has been adjusted to 362,188,886.
This change in the distribution of voting rights is critical for shareholders who are calculating their percentage holdings in the company. They may now use the updated total voting rights figure as the denominator for any calculations required to disclose changes in their interest in Coca-Cola HBC’s share capital, as per the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
Coca-Cola HBC has made this announcement in compliance with DTR 5.6.1, ensuring that the market is informed of changes in its share capital structure. This action reflects the company’s ongoing management of its equity and adherence to regulatory guidelines.
The information in this article is based on a press release statement from Coca-Cola HBC AG.
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