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LONDON (Alliance News) - Bottling company Coca-Cola HBC AG Friday said Nikolaos Mamoulis, the non-executive chairman of its wholly owned subsidiary Coca-Cola HBC S.A., had exercised options on a total of 35,000 shares in the parent company at between 1,021 pence and 1,646 pence, and sold 36,000 shares around GBP19.
Mamoulis Thursday exercised 20,000 options at 1,338 pence, 10,000 options at 1,646p, and 5,000 options at 1,021p. He sold the 35,000 option shares at 1,884p, and a further 1,000 shares at 1,915p.
Following the transaction, Mamoulis holds 1,074 shares, less than 1% of the company.
It was announced this week that Coca-Cola HBC AG, which is the world's second-largest bottler of Coca-Cola products, is set to move into the FTSE 100 on September 23.
Shares in the company were trading down 4.00 pence at 1,928p.
By Philip Nye; philipnye@alliancenews.com
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