Coca-Cola HBC AG Lists on London Stock Exchange
- Shares admitted to trading on Main Market
- Largest Coke bottler in Europe and second largest globally
- George A. David, Coca-Cola HBC Chairman, opens trading
London Stock Exchange today welcomes Coca-Cola HBC AG (Coca-Cola HBC) to the Main Market. The company’s Premium listed shares have been admitted to trading on the Main Market giving it access to a wide range of major institutional investors and significantly raising its international profile.
Coca Cola HBC admitted 355,023,939 shares at listing.
To mark the occasion George A. David, Chairman of Coca-Cola HBC opened trading at 8am this morning in a Market Open Ceremony at London Stock Exchange, with Alexander Justham, CEO, London Stock Exchange.
Alexander Justham, CEO of London Stock Exchange plc, said:
“As the world’s most international stock market, we offer companies from around the world access to an unrivalled pool of liquidity and to a broad and deep investor base. We are delighted to welcome today Coca-Cola HBC to the Premium segment of London Stock Exchange. With a globally recognised brand and a long history as a listed company, Coca-Cola HBC is well placed to take advantage of the significant opportunities that a London Stock Exchange listing brings.”
Commenting on today’s announcement, Dimitris Lois, CEO of Coca-Cola HBC, said:
“This is a milestone for our company and an important day for everyone in the Coca-Cola HBC family. We are delighted that we are now admitted to premium listing on London Stock Exchange, as we expect this to benefit our shareholders through enhanced liquidity, as well as our company through better access to the international capital markets and a wider potential investor base. We also look forward to being considered for inclusion in the FTSE UK Index Series.”
Coca Cola HBC is the second-largest bottler globally of The Coca Cola Company products by volume, with sales of more than 2 billion unit cases. The company has operations in 28 countries across Europe and Africa, employing more than 40,000 people.
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