TIDMCCH
RNS Number : 4130Z
Coca-Cola HBC AG
21 May 2021
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Announcement of the annual general meeting to be held on 22 June
2021,
changes to the Board and confirmation of dividend dates
Zug, Switzerland - 21 May 2021 - The Board of Directors of
Coca-Cola HBC AG ("Coca-Cola HBC") has resolved to convene the
Annual General Meeting ("AGM") to be held on Tuesday, 22 June 2021
at 11:00 am CET, at Turmstrasse 26, 6312 Steinhausen,
Switzerland.
As a result of the Coronavirus pandemic, the Swiss Government
has issued emergency laws prohibiting physical attendance by
shareholders at the AGM. Due to these restrictions, the AGM this
year will be a closed meeting and shareholders will not be able to
attend in person. Voting will take place exclusively through the
independent proxy. The participation of shareholders is very
important to Coca-Cola HBC and all shareholders are encouraged to
participate in the AGM by appointing the independent proxy,
according to the details set out in the notice of AGM.
Mr. José Octavio Reyes intends to retire from the Board of
Directors at the conclusion of the AGM, after serving as a
non-executive director for seven years. Mr. Alfredo Rivera intends
to retire from the Board of Directors at the conclusion of the AGM,
after serving as a non-executive director for two years.
The Board of Directors proposes to elect Mr. Bruno Pietracci and
Mr. Henrique Braun as new non-executive members of the Board of
Directors. Subject to election at the AGM, Mr. Pietracci's and Mr.
Braun's appointments will each take effect immediately following
the conclusion of the AGM. Mr. Pietracci currently serves as
President of the Africa Operating Unit of The Cola-Cola Company, a
role which he has held since 2020. Mr. Braun currently serves as
President of the Latin America Operating Unit of The Coca-Cola
Company, a role that he has held since 2020. Further details are
set out in the biographies of Mr. Pietracci and Mr. Braun in the
notice of the AGM. No information is required to be disclosed
pursuant to the UK Financial Conduct Authority's Listing Rule
9.6.13R. Neither Mr. Pietracci nor Mr. Braun holds any interests in
the shares of Coca-Cola HBC.
The AGM will also resolve to declare for each ordinary
registered share a dividend of EUR 0.64 which was initially
announced on 11 February 2021. The total aggregate amount of the
dividend will be capped at an amount of CHF 300,000,000. Payment of
the dividend is anticipated to be made on 3 August 2021 to holders
of Coca-Cola HBC AG shares on the record date of 9 July 2021.
The AGM agenda items are set out in the summary below.
Agenda of the AGM
In summary, the AGM will have the following agenda and will
include the following proposals by the Board of Directors:
1. Receipt of the 2020 Integrated Annual Report, as well as
approval of the annual management report, the stand-alone financial
statements and the consolidated financial statements
2. Appropriation of available earnings and reserves /
declaration of dividend
2.1 Appropriation of available earnings
2.2 Declaration of dividend from reserves
3. Discharge of the members of the Board of Directors and the
members of the Operating Committee
4. Election of the Board of Directors, the Chairman of the Board
of Directors and the members of the Remuneration Committee
4.1 Current members of the Board of Directors
4.1.1 Re-election of Anastassis G. David as a member of the
Board of Directors and as the Chairman of the Board of Directors
(in a single vote)
4.1.2 Re-election of Zoran Bogdanovic as a member of the Board
of Directors
4.1.3 Re-election of Charlotte J. Boyle as a member of the Board
of Directors and as a member of the Remuneration Committee (in a
single vote)
4.1.4Re-election of Reto Francioni as a member of the Board of
Directors and as a member of the Remuneration Committee (in a
single vote)
4.1.5 Re-election of Olusola (Sola) David-Borha as a member of
the Board of Directors
4.1.6 Re-election of William W. Douglas III as a member of the
Board of Directors
4.1.7 Re-election of Anastasios I. Leventis as a member of the
Board of Directors
4.1.8 Re-election of Christodoulos Leventis as a member of the
Board of Directors
4.1.9 Re-election of Alexandra Papalexopoulou as a member of the
Board of Directors
4.1.10 Re-election of Ryan Rudolph as a member of the Board of
Directors
4.1.11Re-election of Anna Diamantopoulou as a member of the
Board of Directors and as a member of the Remuneration Committee
(in a single vote)
4.2 Election of Bruno Pietracci as a new member of the Board of
Directors
4.3 Election of Henrique Braun as a new member of the Board of
Directors
5. Election of the independent proxy
6. Election of the auditors
6.1 Re-election of the statutory auditor
6.2 Advisory vote on re-appointment of the independent
registered public accounting firm for UK purposes
7. Advisory vote on the UK Remuneration Report
8. Advisory vote on the Remuneration Policy
9. Advisory vote on the Swiss Remuneration Report
10. Approval of the remuneration of the Board of Directors and
the Operating Committee
10.1 Approval of the maximum aggregate amount of remuneration
for the Board of Directors until the next annual general
meeting
10.2 Approval of the maximum aggregate amount of remuneration
for the Operating Committee for the next financial year
11. Approval of a share buy-back
The formal notice of the AGM, including a full description of
the items of the agenda and the proposals of the Board of
Directors, has been published today in the Swiss Official Gazette
of Commerce (Schweizerisches Handelsamtsblatt). A circular
incorporating the formal notice of the AGM will be sent to all
registered shareholders. It has also been submitted to the National
Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism , as well as
on Coca-Cola HBC's website at
http://coca-colahellenic.com/en/media/news/ , together with the
2020 Integrated Annual Report and other relevant shareholder
information.
Zug, 21 May 2021
Coca-Cola HBC AG
The Board of Directors
Enquiries
Coca--Cola HBC Group
Investors and Analysts:
Joanna Kennedy Tel: +44 (0) 7802 427505
Investor Relations Director joanna.kennedy@cchellenic.com
Carla Fabiano Tel: +44 (0) 7808 215245
Investor Relations Manager carla.fabiano@cchellenic.com
Vasso Aliferi Tel: +41 (0) 79 610 7881
Investor Relations Manager vasso.aliferi@cchellenic.com
Media:
David Hart Tel: +41 (0) 41 726 0143
Group Communication Director david.hart@cchellenic.com
About Coca--Cola HBC
Coca-Cola HBC AG, a growth-focused Consumer Packaged Goods
business and strategic bottling partner of The Coca-Cola Company.
We create value for all our stakeholders by supporting the
socio-economic development of the societies in which we operate and
we believe building a more positive environmental impact is
integral to our future growth. Together, we and our customers serve
more than 600 million consumers across a broad geographic footprint
of 28 countries on 3 continents. Our portfolio is one of the
strongest, broadest and most flexible in the beverage industry,
offering consumer-leading partner brands in the sparkling, juice,
water, sport, energy, plant-based, ready-to-drink tea, coffee,
adult sparkling and premium spirits categories. These brands
include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Royal Bliss,
Costa Coffee, Valser, Romerquelle, Fanta, Sprite, Powerade,
FuzeTea, Dobry, Cappy, Monster and Adez. We foster an open and
inclusive work environment amongst our more than 28,000 employees
and we are ranked among the top sustainability performers in ESG
benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI
ESG and FTSE4Good.
Coca-Cola HBC has a premium listing on the London Stock Exchange
(LSE:CCH) and is listed on the Athens Exchange (ATHEX:EEE). For
more information, please visit
https://www.coca-colahellenic.com/.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NOAEASSFALEFEEA
(END) Dow Jones Newswires
May 21, 2021 02:00 ET (06:00 GMT)
Coca-cola Hbc (LSE:CCH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Coca-cola Hbc (LSE:CCH)
Historical Stock Chart
From Apr 2023 to Apr 2024