SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 14, 2003
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __ )
COCA-COLA HELLENIC BOTTLING COMPANY S.A.
(Name of Issuer)
Ordinary shares of nominal value of EURO 0.31 per share
(Title and Class of Securities)
1912EP104
(CUSIP Number)
October 8, 2002
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-1(c)
/X/ Rule 13d-1(d)
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
(Continued on the following pages)
CUSIP No. 1912EP10 4 13G Page 2 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE COCA-COLA COMPANY
E.I.D. 58-0628456
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 15
CUSIP No. 1912EP10 4 13G Page 3 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE COCA-COLA EXPORT CORPORATION
E.I.D. 13-1525101
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 15
CUSIP No. 1912EP10 4 13G Page 4 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ATLANTIC INDUSTRIES
E.I.D. N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 15
CUSIP No. 1912EP10 4 13G Page 5 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BARLAN, INC.
E.I.D. 51-0118094
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 15
CUSIP No. 1912EP10 4 13G Page 6 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
REFRESHMENT PRODUCT SERVICES, INC.
E.I.D. 13-2701299
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 15
CUSIP No. 1912EP10 4 13G Page 7 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
COCA-COLA OVERSEAS PARENT LIMITED
E.I.D. 58-1843650
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 150,932,741 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
150,932,741 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,932,741 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 15
CUSIP No. 1912EP10 4 13G Page 8 of 15 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CCHBC GROUPING, INC.
E.I.D. 03-0388744
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 48,116,323 (See Attachment A)
REPORTING
7 SOLE DISPOSITIVE POWER
PERSON
WITH N/A
8 SHARED DISPOSITIVE POWER
48,116,323 (See Attachment A)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,116,323 (See Attachment A)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
(See Attachment A)
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 15
STATEMENT PURSUANT TO RULE l3d-1
OF THE
GENERAL RULES AND REGULATIONS
UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
ITEM 1(a) NAME OF ISSUER
- ------------------------------
COCA-COLA HELLENIC BOTTLING COMPANY S.A.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
- ----------------------------------------------------------
9 Fragoklisrias Street
151 25 Maroussi
Athens, Greece
ITEM 2(a) NAME OF PERSON FILING
- --------------------------------
This Schedule 13G is filed on behalf of The Coca-Cola Company, The Coca-Cola
Export Corporation, Atlantic Industries, Barlan, Inc., Refreshment Product
Services, Inc., Coca-Cola Overseas Parent Limited and CCHBC Grouping, Inc.
(collectively, the "Reporting Persons") with respect to ordinary shares ("CCHBC
Shares") issued by Coca-Cola Hellenic Bottling Co. ("CCHBC"). In addition, all
of the Reporting Persons, with the exception of CCHBC Grouping, Inc. (the
"Coca-Cola Company Entities"), along with Kar-Tess Holding S.A., Boval S.A.,
Socomex S.A. and Severine Ltd. (the "Kar-Tess Group") may be deemed as a group
to have beneficial ownership of CCHBC Shares as a result of Kar-Tess Holding
S.A., Boval S.A., Socomex S.A. and the Coca-Cola Company Entities being
signatories to the Shareholders Agreement, dated November 3, 1999, as amended
(the "Shareholders Agreement"), a copy of which is attached as Exhibit 3.1, and
the amendment to which is attached as Exhibit 3.2, to the Form 20-F filed by
CCHBC with the U.S. Securities and Exchange Commission ("SEC") on September 30,
2002, and declared effective by the SEC on October 8, 2002. The Coca-Cola
Company Entities do not affirm the existence of a group with respect to the
CCHBC Shares.
The Shareholders Agreement includes, among other things, the following
restrictions on the Kar-Tess Group and the Coca-Cola Company Entities:
Restrictions on Transfer
- ------------------------
The Shareholders Agreement prohibits any sale of CCHBC Shares owned by the
Kar-Tess Group or the Coca-Cola Company Entities if, as a result of such sale,
the combined shareholdings of the Kar-Tess Group and the Coca-Cola Company
Entities would not exceed 50% of the outstanding shares of CCHBC. The Coca-Cola
Company Entities have agreed not to dispose of any CCHBC Shares if the
disposition results in their shareholdings falling below 22% of CCHBC's
outstanding share captial. However, the Kar-Tess Group and the Coca-Cola Company
Entities have also agreed to negotiate in good faith an agreement that allows
transfer of CCHBC Shares below this minimum threshold provided that they
continue to jointly control CCHBC.
Composition of CCHBC Board of Directors
- ---------------------------------------
The Kar-Tess Group and the Coca-Cola Company Entities agreed in the Shareholders
Agreement that the initial composition of the board of directors of CCHBC would
be ten directors comprising:
Page 9 of 15
* two directors designated by the Coca-Cola Company Entities;
* four directors designated by the Kar-Tess Group; and
* the remaining directors jointly designated by the Kar-Tess Group and the
Coca-Cola Company Entities.
The Kar-Tess Group and the Coca-Cola Company Entities have also agreed to cast
the votes attaching to their CCHBC Shares so that each other's nominees are
elected to the CCHBC board of directors and, in the event that there are more or
less than ten directors on the CCHBC board, so that the Kar-Tess Group and the
Coca-Cola Company Entities maintain their respective proportional representation
on the CCHBC board of directors.
Decisions of the CCHBC Board of Directors
- -----------------------------------------
The Kar-Tess Group and the Coca-Cola Company Entities have agreed to seek to
convene an extraordinary general meeting of the CCHBC shareholders to replace
the CCHBC board of directors in the event a resolution is passed by the CCHBC
board of directors in circumstances where a representative director of either
the Kar-Tess Group or the Coca-Cola Company Entities has voted against such
resolution to:
* engage in any business other than the bottling of beverages;
* incur any indebtedness, including in the form of guarantees, or approve
capital expenditures in excess of $10 million;
* enter into any arrangements providing for payments or other consideration in
excess of $10 million;
* sell, lease, exchange, transfer or otherwise dispose of all or substantially
all of the CCHBC assets or sell the majority of the value of the CCHBC assets,
if not in the ordinary course of business, unless such sale is in connection
with a sale-leaseback transfer;
* appoint the top executive (managing director) of CCHBC; or
* approve the CCHBC annual budget and annual business plan.
Shareholder Approvals
- ---------------------
The Kar-Tess Group and the Coca-Cola Company Entities have agreed to consult
before every vote, and to vote against any proposal where either of them has
indicated its intention to reject such proposal, on any of the following
matters:
* a modification of the CCHBC articles of association;
* any increase or decrease of the CCHBC share capital;
* the merger or consolidation of CCHBC with or into another company;
* the liquidation or dissolution of CCHBC; or
* the general assignment for the benefit of creditors of, or the appointment of
a custodian, receiver or trustee for, any part of the CCHBC assets.
The Kar-Tess Group and the Coca-Cola Company Entities also entered into a
supplemental agreement on March 3, 2000, a copy of which is attached as Exhibit
3.2, to the Form 20-F filed by CCHBC with the SEC, providing that,
notwithstanding the termination of the Shareholders Agreement, for so long as
any of the Kar-Tess Group or the Coca-Cola Company Entities is a shareholder in
CCHBC, each of the Kar-Tess Group and the Coca-Cola Company Entities will
Page 10 of 15
vote their CCHBC Shares against any proposal to liquidate or dissolve CCHBC
unless they have separately agreed to the contrary.
Termination
- -----------
Neither the Kar-Tess Group nor the Coca-Cola Company Entities may unilaterally
terminate the Shareholders Agreement prior to August 2005. After August 2005,
the Shareholders agreement will remain in force unless terminated by either the
Kar-Tess Group or the Coca-Cola Company Entities on three months' written
notice.
The Reporting Persons each also expressly disclaim any beneficial ownership
interest in CCHBC Shares owned by the Kar-Tess Group and the filing of this
Schedule 13G shall not be construed as an admission that they are the beneficial
owners of the CCHBC Shares owned by the Kar-Tess Group.
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
- -----------------------------------------------
The address of the principal business of each of the Reporting Persons is:
One Coca-Cola Plaza Atlanta, GA 30313
Item 2(c) CITIZENSHIP
- ----------------------
Each of the Reporting Persons, other than Atlantic Industries, is a
Delaware corporation.
Atlantic Industries is a Cayman Islands corporation.
Item 2(d). TITLE OF CLASS OF SECURITIES
- ---------------------------------------
Ordinary shares of nominal value of EURO 0.31 per share. CCHBC Shares are
traded in the United States in the form of American Depositary Shares
("ADSs"). Each ADS represents one ordinary share. The ADSs are evidenced by
American Depositary Receipts, which are traded on The New York Stock
Exchange.
Item 2(e) CUSIP NUMBER
- ----------------------
1912EP104
Item 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), CHECK
WHETHER THE PERSON FILING IS A:
- ---------------------------------------------------------------------
N/A
Item 4. OWNERSHIP
- -----------------
See cover pages and Attachment A.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
- -----------------------------------------------------
N/A
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
- ------------------------------------------------------------------------
N/A
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
- --------------------------------------------------------------------------
N/A
Page 11 of 15
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
- ------------------------------------------------------------------
The Reporting Persons may be deemed to be a part of a group of persons,
listed on Exhibit (1), jointly holding beneficial ownership of CCHBC
Shares. The Reporting Persons, however, do not affirm the existence of any
group with respect to the CCHBC Shares. The Reporting Persons are not
responsible for the completeness and accuracy of the information concerning
the Kar-Tess Group.
Item 9. NOTICE OF DISSOLUTION OF GROUP.
- ---------------------------------------
N/A
Item 10. CERTIFICATION.
- ------------------------------
N/A
SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
THE COCA-COLA COMPANY
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Vice President and Treasurer
THE COCA-COLA EXPORT CORPORATION
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Vice President and Treasurer
ATLANTIC INDUSTRIES
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Vice President and Treasurer
REFRESHMENT PRODUCT SERVICES, INC.
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Vice President and Treasurer
Page 12 of 15
BARLAN, INC.
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Treasurer
CCHBC GROUPING, INC.
Date: February 14, 2003 By: /S/ DAVID M. TAGGART
----------------------------
David M. Taggart
Vice President and Treasurer
Page 13 of 15
ATTACHMENT A
------------
DIRECT OWNERSHIP:
- ----------------
2,374 Shares owned directly by The Coca-Cola Export Corporation, a
wholly owned subsidiary of The Coca-Cola Company.
19,182,913 Shares owned directly by Atlantic Industries, a wholly owned
subsidiary of The Coca-Cola Export Corporation.
331,711 Shares owned directly by Barlan, Inc., a wholly owned subsidiary
of The Coca-Cola Export Corporation.
7,222,408 Shares owned directly by Refreshment Product Services, Inc., a
wholly owned subsidiary of The Coca-Cola Export Corporation.
30,001,980 Shares owned directly by Coca-Cola Overseas Parent Limited, a
wholly owned subsidiary of The Coca-Cola Export Corporation.
BENEFICIAL OWNERSHIP:
- --------------------
8,625,063 Shares owned beneficially by Atlantic Industries.
48,116,323 Shares owned beneficially by CCHBC Grouping, Inc.
PERCENTAGE OWNED:
- ----------------
The Reporting Persons, with the exception of CCHBC Grouping, Inc., may be deemed
to beneficially own approximately 63.8% of the total outstanding number of
CCHBC Shares. CCHBC Grouping, Inc. may be deemed to beneficially own
approximately 20.3% of the total outstanding number of CCHBC Shares.
The Reporting Persons each expressly disclaims any beneficial ownership interest
in the CCHBC Shares owned by the Kar-Tess Group and the filing of this Schedule
13G shall not be construed as an admission that they are the beneficial owners
of the CCHBC Shares owned by the Kar-Tess Group.
Page 14 of 15
EXHIBIT 1
The Coca-Cola Company
The Coca-Cola Export Corporation
Barlan Inc.
Atlantic Industries
Coca-Cola Overseas Parent Limited
Refreshment Product Services, Inc.
CCHBC Grouping, Inc.
Kar-Tess Holding S.A.
Boval S.A.
Socomex S.A.
Page 15 of 15