Announcement 8115/2019 (no English translation available)
Notification of transactions by Persons Discharging Managerial Responsibilities
FOR IMMEDIATE RELEASE
30 September 2019
Coca-Cola HBC AG (the “Company”)
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')
The Company has been notified of the following transaction by persons closely associated with a PDMR.
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Financial results for the 6-month period of 2019
VARVARESSOS S.A. turnover during the 6-month period of 2019 reached 6,1 million EURO contrary to 8,4 million EURO in the same period of 2018, decreased by 27% due to the financing delay of the company's approved Business Plan (according to Greek Development Law 4399/2016) by the banks. Until 30.06.2019, the company invested 3,4 million EURO with shareholders' and company's funds and 25% of the approved subsidy of the Development Law for the fundamental change of its entire production process and the penetration into new innovative markets.