COCA-COLA EUROPEAN PARTNERS PLC – Additional information in relation to 2017 Annual General Meeting
LONDON--(BUSINESS WIRE)--
Coca-Cola European Partners plc (the "Company") announces that at the Company’s Annual General Meeting on 22 June, shareholders approved resolution 15, setting out the terms of the waiver of mandatory offer provisions in Rule 9 of the Takeover Code (the “Waiver”). This announcement is made in accordance with Section 6(A) of Appendix 1 to the Takeover Code.
Olive Partners S.A. (“Olive”) is currently interested in 166,128,987 shares in the Company and the Waiver does not entitle Olive to be interested in a greater number of shares. If Olive’s percentage interest in shares in the Company were to reduce below its current level of 34.3 per cent, the Waiver would allow Olive’s interest in shares, as a percentage of the Company’s total shares, to increase as a result of the exercise of the Company’s authority to purchase its own shares, but only to the extent that the resulting interest of Olive, together with any concert parties, in the shares of the Company did not then exceed its current level of 34.3 per cent.
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COCA-COLA EUROPEAN PARTNERS PLC
Paul van Reesch
Deputy Company Secretary
+44 7890 231313
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Coca-Cola European Partners plc
Source: Coca-Cola European Partners plc