Coca-Cola bottler CCEP to change UK listing category with eye on FTSE 100 inclusion
Oct 18 (Reuters) -Bottler Coca-Cola Europacific Partners CCEPC.L said on Friday it plans to change its London stock listing category, in a move that would make the company potentially eligible for inclusion in the benchmark FTSE 100 index.
In July, Britain's Financial Conduct Authority (FCA) rolled out the biggest reform of UK listings rules in decades in a bid to help London compete better with New York and, after Brexit, with European Union financial centres such as Paris and Amsterdam.
A new rule merged the previous two-tier standard and more onerous premium listing segments into a single category, making it easier for companies to become eligible for inclusion in London's FTSE indexes.
Coca-Cola Europacific Partners, which is also listed in New York, Madrid and Amsterdam, has a market value of 32.65 billion euros ($35.42 billion).
A FTSE 100 listing would make it among the top 30 companies listed on the index. The FTSE constituents are reviewed every quarter and the next review will happen in December.
"The transfer would assist in increasing the profile of the company in the UK and Europe, create the opportunity to improve the liquidity of its shares traded through UK equity trading venues and promote its attractiveness to a wider potential investor base," Coca-Cola Europacific said.
Other companies that have applied to list under the new regime include e-commerce firm THG THG.L, meal delivery company Deliveroo ROO.L and Oxford Nanopore ONT.L.
The listing overhaul has also set UK's sluggish financial markets on a path to recovery, with an increasing number of companies such as online retailer Shein and Applied Nutrition, a sports nutrition-related business, looking to list in London.
Coca-Cola Europacific, which bottles Coca-Cola, Fanta, Sprite and Monster drinks in Western Europe, Australia and New Zealand, has requested that the FCA approve the change in its listing category with effect from Nov. 15.
($1 = 0.9217 euros)
Reporting by Yadarisa Shabong and Yamini Kalia in Bengaluru; Editing by Shounak Dasgupta
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
