Coca-Cola HBC AG join the Premium segment of the Main Market
Monday 29th April 2013
The London Stock Exchange welcomes the start of trading of Coca-Cola HBC AG ordinary shares on the Premium Segment of its Main Market. As part of this process the company has appointed Credit Suisse and JP Morgan Cazenove as joint corporate brokers. In addition, Coca-Cola HBC AG has established a listing on the NYSE through ADSs and a parallel listing of its ordinary shares on the Athens Exchange
Coca-Cola HBC AG is the world’s second largest bottler of products of The Coca-Cola Company in terms of volume with sales of more than 2 billion unit cases and a turnover in excess of €7 billion. The company has a broad geographic footprint with operations in 28 countries across 3 continents employing in excess of 40,000 people and operating more than 70 plants. Coca-Cola HBC AG serves a population of approximately 581 million people, offering a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories.
Coca-Cola HBC AG is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting our business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities.
Dimitris Lois, CEO of Coca-Cola HBC AG, commented:
"This is a milestone for our company and an important day for everyone in the Coca-Cola HBC family, reflecting the international nature of our business and shareholder base. We are delighted that we are now admitted to premium listing on the 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. We also look forward to being considered for inclusion in the FTSE UK Index Series”
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."