Holding(s) in Company

Coca-Cola HBC AG

27 December 2023

 

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
Boval Sarl
Boval Limited
Lavonos Ltd
Torval Investment Corp.

5. Date on which the threshold was crossed or reached

22-Dec-2023

6. Date on which Issuer notified

22-Dec-2023

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	23.300000	0.000000	23.300000	85355019
Position of previous notification (if applicable)

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		23.300000
Sub Total 8.A	85355019		23.300000%

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.	23.300000		23.300000%
Truad Verwaltungs A.G.	Boval Limited	23.300000		23.300000%
Truad Verwaltungs A.G.	Kar-Tess Holding	23.300000		23.300000%

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 22.12.2023 Truad indirectly held in its above capacity through the chain of companies it fully controlled (namely Torval Investment Corp. which controlled its 100% subsidiary Lavonos Ltd. which controlled its 100% subsidiary Boval Limited which controlled its 100% subsidiary Boval S.à.r.l. which controlled its 100% subsidiary Kar-Tess Holding) 23.3% of the total number of the voting rights of the issuer (corresponding to 85,355,019 voting rights and equal number of ordinary shares). On 22.12.2023 (a) Lavonos Ltd. transferred to Torval Investment Corp. the entirety (100%) of the shares it held in the share capital of its subsidiary Boval Limited and (b) a reverse merger was completed in the context of which Boval S.à.r.l. has been absorbed by its direct and wholly (100%) owned subsidiary Kar-Tess Holding. As a result Boval S.à.r.l. ceased to exist and all its assets and liabilities have been universally transferred to Kar-Tess Holding.

Following the completion of the aforementioned actions, the percentage of voting rights held indirectly by Truad in the issuer remains unchanged. Truad indirectly holds 23.3% of the total number of the voting rights of the issuer (corresponding to 85,355,019 voting rights and equal number of ordinary shares) through the chain of companies it fully controls (namely Torval Investment Corp. which controls its 100% subsidiary Boval 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 Truad.

12. Date of Completion

 22-Dec-2023

13. Place Of Completion

Athens, Greece

 

END