Coca-Cola European Partners (CCEP) has announced a listing on the Main Market of the London Stock Exchange.
The company said that the delisting of shares from Euronext London will occur from today (29 March) to ensure continuous admission to the Official List of the United Kingdom Listing Authority.
The move does not impact the company's listing on the New York Stock Exchange, Euronext Amsterdam of the Spanish stock exchanges (Madrid, Barcelona, Bilbao and Valencia).
Bigger And Bolder Vision
“The formation of CCEP was always about a bigger and bolder vision beyond the merger," commented Damian Gammell, chief executive, CCEP.
"Three years on, we are building a sustainable company on three pillars: great beverages, great service and great people. We feel this is the perfect time to move our UK listing to London Stock Exchange. We have a solid track record and we operate in the large and growing Western European non-alcoholic ready to drink market, where we have a leading position with the world’s best brands.”
Commenting on the listing on the London Stock Exchange, Nikhil Rathi, CEO, London Stock Exchange plc, said that the company's decision to list on the exchange " further underlines our attraction as a global listing venue, offering companies access to the deepest pool of international investor capital".
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.