CCEP Seeks Block Admission for Employee Incentive Shares
Coca-Cola Europacific Partners (CCEP) has submitted an application to the London Stock Exchange for a block admission of 25,057 ordinary shares. These new shares are tied to the company's Long Term Incentive Plan and will be fungible with existing ordinary shares.
The addition of these shares is expected to support CCEP's ongoing use of equity-based compensation to reward and retain employees. By expanding the pool of shares under its incentive scheme, the company aims to align staff interests with long-term shareholder value.
The block admission is set to become effective on 1 September 2026, allowing the new shares to be listed on the Main Market. This move reinforces CCEP's capital market presence and demonstrates its commitment to employee retention and development.