Change to Board and dividend dates

RNS Number : 3417N

Coca-Cola HBC AG

08 May 2018

 

FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Announces the election of a new member of the board of directors, the composition of the board committees and dividend dates

Zug, Switzerland - 8 May 2018 - Coca‑Cola HBC AG ("Coca-Cola HBC" or the "Company") today announces the proposed election of a new member of its board of directors (the "Board"); the composition of Board committees and the dividend dates.

Change to board of directors

Following the recommendation of Coca-Cola HBC's Nomination Committee, the Board has proposed Mr. Zoran Bogdanovic for election at the Company's annual general meeting ("AGM") on 11 June 2018 as an executive member of the Board, with effect from the same date.

Other than the information set out in this announcement, no further information is required to be disclosed pursuant to the UK Financial Conduct Authority's Listing Rule 9.6.13.

This announcement is made pursuant to Listing Rule 9.6.11.

A brief biography for the proposed new executive director is set out below:

Zoran Bogdanovic

Mr. Bogdanovic was appointed as Chief Executive Officer in December 2017. Prior to this appointment, he was a Region Director and member of Coca-Cola HBC's Operating Committee since 2013. Mr. Bogdanovic joined the Company in 1996 and has held a number of senior leadership positions, including as General Manager for the operations in Croatia, Switzerland and Greece.

Board Committees

Subject to the election of the proposed members of the Board at the AGM and effective immediately after the AGM on 11 June 2018, the Board has resolved that the composition of the Board Committees will be as follows:

Audit Committee	William (Bill) W. Douglas III (Chair) John P. Sechi Olusola (Sola) David-Borha
Nomination Committee	Reto Francioni (Chair) Charlotte J. Boyle Alexandra Papalexopoulou
Remuneration Committee	Alexandra Papalexopoulou (Chair) Charlotte J. Boyle Reto Francioni
Social Responsibility Committee	Anastasios I. Leventis (Chair) Alexandra Papalexopoulou José Octavio Reyes

Dividend dates

The Board has proposed to declare a gross dividend of EUR 0.54 on each ordinary registered share with a par value of CHF 6.70 out of the general capital contribution reserve. Subject to approval of the dividend by the Company's shareholders at the AGM on 11 June 2018, the Board currently anticipates that the dividend will be paid on 24 July 2018 to holders of ordinary shares on the record date of 29 June 2018. The shares are expected to be traded ex-dividend as of 28 June 2018, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 27 June 2018.

Enquiries

Coca‑Cola HBC Group

Basak Kotler Investor Relations Director	Tel: [phone]  [e-mail]
Joanna Kennedy Investor Relations Manager	Tel: [phone]  [e-mail]
Vasso Aliferi Investor Relations Manager	Tel: [phone]  [e-mail]

International media contact: Teneo Blue Rubicon Rob Morgan Anushka Mathew		Tel: [phone] [e-mail] [e-mail]
Greek media contact: V+O Communications Argyro Oikonomou		Tel: [phone]  [e-mail]

About Coca‑Cola HBC

Coca-Cola HBC is a leading bottler of The Coca-Cola Company with a sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 600 million people. Coca-Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC 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 its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked beverage industry leader in the Dow Jones Sustainability World and Europe Indices, and is also included in the FTSE4Good Index.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.

 

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