Holding(s) in Company

By

Regulatory News | 17 Dec, 2024

Updated : 15:47

RNS Number : 4611Q
Coca-Cola HBC AG
17 December 2024
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

CH0198251305

Issuer Name

COCA-COLA HBC AG

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Truad Verwaltungs A.G.

City of registered office (if applicable)

Zurich

Country of registered office (if applicable)

Switzerland

4. Details of the shareholder

Name

City of registered office

Country of registered office

Kar-Tess Holding

Leudelange

Luxembourg

Boval Limited

Limassol

Cyprus

Torval Investment Corp. Limited

Nicosia

Cyprus

5. Date on which the threshold was crossed or reached

17-Dec-2024

6. Date on which Issuer notified

17-Dec-2024

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

23.600000

0.000000

23.600000

85355019

Position of previous notification (if applicable)

23.300000

0.000000

23.300000


8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

CH0198251305


85355019


23.600000

Sub Total 8.A

85355019

23.600000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 






Sub Total 8.B2




9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Truad Verwaltungs A.G.

Torval Investment Corp. Limited

23.600000


23.600000%

Truad Verwaltungs A.G.

Kar-Tess Holding

23.600000


23.600000%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

This notification is made by Truad Verwaltungs A.G. ("Truad") in its capacity as a professional trustee of a private irrevocable discretionary trust established for the primary benefit of descendants of the father of the late Anastasios Georgios Leventis (the "Trust").

Up to 17.12.2024 Truad indirectly held in its above capacity through the chain of companies it fully controlled (namely Torval Investment Corp. Limited which controlled its 100% subsidiary Boval Limited which controlled its 100% subsidiary Kar-Tess Holding) 23.6% of the total number of the voting rights of the issuer (corresponding to 85,355,019 voting rights and equal number of common voting registered shares). On 17.12.2024 a merger was completed in the context of which Boval Limited has been absorbed by its direct 100% parent entity Torval Investment Corp. Limited As a result Boval Limited ceased to exist and all its assets and liabilities have been universally transferred to Torval Investment Corp. Limited.

Following the completion of the aforementioned merger, the percentage of voting rights held indirectly by Truad in the issuer remains unchanged. In particular, Truad today indirectly holds 23.6% of the total number of the voting rights of the issuer (corresponding to 85,355,019 voting rights and equal number of common voting registered shares) through the chain of companies it fully controls (namely Torval Investment Corp. Limited which controls its 100% subsidiary Kar-Tess Holding).

Furthermore, Truad controls and exercises the aforementioned voting rights at its discretion without receiving any specific directions or instructions by the beneficiaries of the Trust or any other person and there is no other person who controls (within the meaning of Law 3556/2007) Truad.

12. Date of Completion

17-Dec-2024

13. Place Of Completion

Athens, Greece

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