Coca-Cola HBC AG: Transaction in Own Shares

Sample article from our Food & Beverage

March 11, 2024 (press release) –

Coca-Cola HBC AG purchased over 100,000 of its ordinary shares at varying prices on multiple stock exchanges through UBS AG London Branch . The Company's total issued share capital includes millions of ordinary shares, with a significant portion held by Coca-Cola HBC AG and its subsidiary in treasury, resulting in a total of 365,983,311 voting rights.

Key Highlights:

* Coca-Cola HBC AG purchased 112,592 of its ordinary shares on various stock exchanges through UBS AG London Branch .

* Lowest price paid per share was £24.4500 and highest price paid per share was £24.8700.

* Volume weighted average price paid per share was £24.6010.

Original Press Release:

Zug, Switzerland , March 8 -- Coca-Cola HBC AG issued the following news release:

Coca-Cola HBC AG ("Company") announces that it purchased the following number of its ordinary shares of 6.70 CHF each ("ordinary shares") on the London Stock Exchange , BATS Chi-X Europe and Aquis Stock Exchange Limited , through UBS AG London Branch (" UBS ") as part of its share purchase programme announced on Monday 20 November 2023 :

Date of transaction

08 March 2024

Number of shares repurchased:

112,592

Lowest price paid per share

£24.4500

Highest price paid per share

£24.8700

Volume weighted average price paid per share (GBP):

£24.6010

Broker

UBS

The purchased ordinary shares will be held in treasury until they are either used to meet the needs of the Company's employee incentive schemes or, by affirmative resolution of the Company's shareholders, cancelled.

As at 8 March 2024 , the Company's issued share capital consisted of 373,122,796 ordinary shares, of which 3,709,350 ordinary shares are held by Coca-Cola HBC AG (including the purchased shares) and 3,430,135 ordinary shares are held by its subsidiary, Coca-Cola HBC Services MEPE , in treasury. Therefore, the total number of voting rights in the Company is 365,983,311 which may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Since announcing the share purchase programme on Monday 20 November 2023 , the Company has purchased 2,716,600 of its ordinary shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) and Regulation (EU) No 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019, the schedule below provides detailed information about the transactions made by UBS on behalf of the Company as part of the share purchase programme.

Schedule of purchases - Aggregated transactions

Disclaimer: Table can be viewed at: https://tools.euroland.com/tools/Pressreleases/GetPressRelease/?ID=4477422〈=en-GB&companycode=ch-cch&v=

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company . We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries. Our portfolio is one of the strongest, broadest and most flexible in the beverage industry, with consumer-leading beverage brands in the sparkling, adult sparkling, juice, water, sport, energy, ready-to-drink tea, coffee, and premium spirits categories. These include Coca-Cola, Coca-Cola Zero Sugar, Fanta, Sprite, Schweppes, Kinley, Costa Coffee , Caffè Vergnano, Valser, FuzeTea, Powerade, Cappy, Monster Energy, Finlandia Vodka , The Macallan, Jack Daniel's and Grey Goose . We foster an open and inclusive work environment amongst our 33,000 employees and believe that building a more positive environmental impact is integral to our future growth. We rank among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG, FTSE4Good and ISS ESG.

[Category: Financial/ Capital Market, Investment Banking & Brokerage, Funding Activities]

Source: Coca-Cola HBC AG

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