Coca-Cola HBC Maintains Voting Rights Stability Post-Merger

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Coca Cola HBC ( (GB:CCH) ) just unveiled an announcement.

Coca-Cola HBC AG announced a change in the breakdown of its voting rights, following a merger involving its shareholder chain. Truad Verwaltungs A.G., acting as a trustee for a private trust, maintains indirect control over 23.6% of the company’s voting rights, unchanged by the merger. This consolidation involved the absorption of Boval Limited by Torval Investment Corp. Limited but did not affect the overall percentage of voting rights held by Truad, ensuring continuity in its influence over company decisions.

More about Coca Cola HBC

Coca-Cola HBC AG is a leading bottler in the beverage industry, responsible for producing and distributing various beverages, including those under the Coca-Cola brand. The company operates across multiple countries, focusing on delivering high-quality drinks to a diverse market.

YTD Price Performance: 23.85%

Average Trading Volume: 537,550

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.04B

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