Coca-Cola HBC AG change to the Board and confirms dividend dates (0998F)
May 15 2017 - 2:23AM
UK Regulatory
TIDMCCH
RNS Number : 0998F
Coca-Cola HBC AG
15 May 2017
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
announces change to the Board and confirms dividend dates
Zug, Switzerland - 15 May 2017 - Coca--Cola HBC AG ("Coca-Cola
HBC" or the "Company") today announces that Antonio D'Amato has
informed the Company of his intention to retire from the board of
directors of Coca-Cola HBC (the "Board") at the time of the
Company's annual general meeting ("AGM") on 20 June 2017. Antonio
D'Amato has served on the Board for fifteen years.
Following Mr. D'Amato's retirement, with the recommendation of
Coca--Cola HBC's Nomination Committee, the Board has proposed Ms.
Charlotte J. Boyle for election at the AGM as a non-executive
member of the Board, with effect from the same date. The Board
believes that Ms. Charlotte J. Boyle qualifies as independent under
the criteria set forth in the UK Corporate Governance Code.
Anastassis G. David, Chairman of Coca-Cola HBC, made the
following remarks: "On behalf of the Board, I would like to take
this opportunity to offer our sincere appreciation to Antonio for
the significant contribution he has made to the Company over the
past years. I also look forward to working with Charlotte, who will
bring significant skills and experience in the areas of talent
development and executive remuneration to our Board, Nomination
Committee and Remuneration Committee."
Subject to the election of the proposed Board members at the AGM
and effective immediately after the AGM on 20 June 2017, 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 Anastasios I. Leventis
Committee (Chair)
Alexandra Papalexopoulou
José Octavio Reyes
----------------------- ----------------------------
Aside from 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 and the new
non-executive director does not hold any interests in the shares of
Coca-Cola HBC.
This announcement is made pursuant to Listing Rule 9.6.11.
A brief biography for the proposed new non-executive director is
set out below.
Charlotte J. Boyle
Ms. Boyle joined The Zygos Partnership, an international search
and board advisory firm, as a consultant in 2003 and was
subsequently appointed associate partner in 2006 and partner in
2008. After 14 years with the firm, she will retire from her
position in July 2017. Prior to that, Ms. Boyle worked at Goldman
Sachs International between 2000 and 2003. Between 1996 and 1999
Ms. Boyle was a consultant at Egon Zehnder International, an
international executive search and management assessment firm. Ms.
Boyle obtained an MBA from the London Business School and an MA
from Oxford University and was a Bahrain British Foundation
Scholar. Ms. Boyle serves as a member of the board and as chair of
the finance committee of Alfanar, the first venture philanthropy
organisation focused on the Arab world.
Dividend dates
The Board has proposed to declare a gross dividend of EUR 0.44
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 20 June
2017, the Board currently anticipates that the dividend is expected
to be paid on 25 July 2017 to holders of ordinary shares on the
record date of 30 June 2017. The shares are expected to be traded
ex-dividend as of 29 June 2017, in which case the last day on which
the shares may be traded with the entitlement to receive dividends
will be 28 June 2017.
Enquiries
Enquiries
Coca--Cola HBC Group
Basak Kotler Tel: +44 20 37 444 231
Investor Relations Director basak.kotler@cchellenic.com
Maria Livaniou Tel : +30 210 6183 106
Head of Shareowner Services maria.livaniou@cchellenic.com
Vasso Aliferi Tel: +30 210 6183 341
Investor Relations Manager vasso.aliferi@cchellenic.com
International media contact:
Teneo Blue Rubicon Tel: +44 20 7260 2700
Rob Morgan robert.morgan@teneobluerubicon.com
Anushka Mathew anushka.mathew@teneobluerubicon.com
Greek media contact:
V+O Communications Tel: +30 211 7501219
Argyro Oikonomou ao@vando.gr
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 595 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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