Ideal Holdings S.A. (the “Company”) announces that S.I.C.C Holding Limited («SICC»), a Cyprus subsidiary by 100% of the Company, notified the signing of a binding agreement with CC Beverages Holdings II B.V. ("CCBHC"), a company of the group of Coca-Cola HBC AG, for the sale of 100% of the share capital of ESM Effervescent Sodas Management Limited ("Three Cents"). The value of the transaction amounts to €45 million and is subject to adjustments on the date of completion of the transaction. The completion of the transaction is subject to standard regulatory approvals, which are expected to be received during the second half of the year. The Company will make a further announcement when the transaction is completed.
This announcement is issued pursuant to Regulation (EU) 596/2014 article 19.
