Coca-Cola Hellenic Bottling Co SA : Share Option Announcement
Information Pursuant to Article 4 Para. 2 F of law 3401/2005 Regarding the Admission for Listing of Shares of the Company Pursuant to Stock Option Plans for the Company's Employees and for the Employees of its Affiliated Companies
ATHENS, Greece, May 17, 2010 /PRNewswire-FirstCall/ -- Coca-Cola Hellenic Bottling Company S.A. ("Coca-Cola Hellenic", the "Company"), makes this announcement in connection with the exercise in May 2010 of stock options by employees (and former employees) of the Company and its affiliated companies, pursuant to stock option plans approved by the General Meetings of the Company. The announcement contains the exercise prices and the number of shares that were granted and will be listed on the Athens Exchange upon application by the Company.
1. The offering was made to 80 employees of the Group (60 of which are employees or former employees of the Company's foreign affiliates). Out of those employees, 16 persons (12 of which are employees or former employees of the Company's foreign affiliates) exercised stock options by written notice to the Company's Board of Directors. The offering was made with respect to an aggregate of 3,847,886 new ordinary shares of the Company, of a nominal value of EUR 0.50 each, out of which 161,663 options were actually exercised and an equal number of shares was issued.
2. The total number of stock options that have been granted by the Board of Directors to this date, as authorised by the General Meeting of shareholders, amounts to 16,881,611. Out of these options, 7,118,192 are currently in force (i.e. they have neither been exercised or forfeited), of which 3,686,223 options have already vested and the others will vest in stages until March 17, 2020.
3. The exercise price of the new shares is as follows:
Number of Date of Date of approval by Exercise
plan approval the Board of price in
by the Directors EUR
General before
Meeting the
issuance
of bonus
shares*
1. 22.11.2001 13.12.2001 14.68
2. 22.11.2001 13.12.2001 12.08
3. 22.11.2001 13.12.2001 14.53
4. 06.06.2003 23.06.2003 12.95
5. 06.06.2003 15.12.2003 16.76**
6. 06.06.2003 03.12.2004 18.63**
7. 17.06.2005 02.12.2005 23.30**
8. 17.06.2005 21.03.2006 24.85**
9. 17.06.2005 23.06.2006 23.02**
10. 17.06.2005 13.12.2006 28.06**
11. 17.06.2005 13.12.2007 -
12. 17.06.2005 20.06.2008 -
13. 17.06.2005 11.12.2008 -
14. 18.06.2009 10.12.2009 -
15. 18.06.2009 18.3.2010 -
Total:
Number of Exercise price Adjusted Options exercised Amount in
plan in EUR after the exercise / Shares granted Euros
bonus issuance price in
and before the EUR
adjustment for following
capital return* the
capital
return*
1. 9.79 8.29 7,050 58,444.50
2. 8.05 6.55 0 0.00
3. 9.69 8.19 36,150 296,068.50
4. 8.63 7.13 0 0.00
5. 11.17 9.67 20,000 193,400.00
6. 12.42 10.92 38,253 417,722.76
7. 15.53 14.03 23,377 327,979.31
8. 16.57 15.07 0 0.00
9. 15.35 13.85 0 0.00
10. 18.71 17.21 0 0.00
11. 28.75** 27.25 0 0.00
12. 24.54** 23.04 0 0.00
13. 11.36** 9.86 36,833 363,173.38
14. - 16.54*** 0 0.00
15. - 20.00*** 0 0.00
Total: 161,663 1,656,788.45
(*) The exercise price per share in relation to the Company's Stock Option Plans, as this was initially determined by decisions of the General Meetings of the Company dated 22.11.2001, 06.06.2003 and 17.06.2005 respectively, and subsequently adjusted as a consequence of the decision of the General Meeting dated 15.10.2007 to issue bonus shares. The exercise price per share in relation to the Company's Stock Option Plans was adjusted further as a consequence of the decision of the Extraordinary General Meeting dated 16.10.2009 to return capital to its shareholders.
(**) Denotes that such exercise price was calculated as the average of the Company's share price at close of trading on the Athens Exchange over the last ten (10) business days prior to the relevant decision of the Board of Directors that granted the options.
(***) Denotes that such exercise price was equal to the closing price of the Company's share on the Athens Exchange on the grant date.
4. The payment of the share capital increase of the Company was completed on 3 May 2010 and was certified by virtue of a decision of the Company's Board of Directors dated 4 May 2010. The Ministry of Finance, Competitiveness and Shipping proceeded to the registration of the share capital increase and the certification of its payment with the Companies Registry (Decision number K2-4249/10.05.2010).
5. The share capital of the Company was increased by EUR 80,831.50 where as the share premium account was increased by EUR 1,575,956.95. As a result, the share capital of the Company amounts to EUR 182,932,046.00, and is divided into 365,864,092 ordinary shares of a nominal value of EUR 0.50 each.
6. The Company will proceed to all necessary actions required by law in order to effect the listing of the new shares on the Athens Exchange.
The person responsible for the accuracy of the information related to the Stock Option Plan is Mrs. Sarah Robinson, Director Rewards & Corporate HR Business Partnership, tel.: +30-210-61-83-175. Interested parties may obtain a copy of this document from the Company's registered seat (9 Fragoklissias Street, Maroussi) and in electronic form from the Company's website (http://www.coca-colahellenic.com) as well as the website of the Athens Exchange (http://www.ase.gr.) Further information may be obtained from Mr. Vassilis Fragoulis, Group Compensation and Benefits Manager, tel.: +30-210-61-83-312.
About Coca-Cola Hellenic
Coca-Cola Hellenic is one of the world's largest bottlers of products of The Coca-Cola Company with sales of more than 2 billion unit cases. It has broad geographic reach with operations in 28 countries serving a population of approximately 560 million people. Coca-Cola Hellenic offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola Hellenic 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 our business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities.
Coca-Cola Hellenic's shares are listed on the Athens Exchange (ATHEX: EEEK), with a secondary listing on the London Stock Exchange (LSE: CCB). Coca-Cola Hellenic's American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH). Coca-Cola Hellenic is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit http://www.coca-colahellenic.com
SOURCE Coca Cola Hellenic Bottling Co SA
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