Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC.

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Unilever is pleased to announce the completion of the unification of its Group legal structure under a single parent company, Unilever PLC.

From today, and for the first time in its history, Unilever now trades with one market capitalisation, one class of shares and one global pool of liquidity, whilst also maintaining the Group’s listings on the Amsterdam, London and New York stock exchanges.

Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC.

Nils Andersen, Chairman of Unilever, said:

“This is an important day for Unilever and we would like to thank our shareholders for their strong support of our Unification proposals, which give us greater flexibility for strategic portfolio change, remove complexity and further improve governance.”

There will be no change to the operations, locations, activities or staffing levels in either The Netherlands or the United Kingdom as a result of Unification. The headquarters of Unilever’s Foods & Refreshment Division will continue to be based in Rotterdam and the Home Care and Beauty & Personal Care Divisions will continue to be headquartered in the United Kingdom.

Further information for shareholders

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Dealings in new Unilever PLC shares commence today on the London Stock Exchange, Euronext Amsterdam and the New York Stock Exchange.

New Unilever PLC shares will be admitted to the Premium Listing segment of the Official List of the UK Financial Conduct Authority (“FCA”) and to trading on the London Stock Exchange’s Main Market for listed securities with the ticker “ULVR” this morning.

Unilever PLC shares will also be admitted to listing and to trading on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., under the ticker “UNA” this morning. It is expected that Unilever PLC ADSs will be admitted to trading on the New York Stock Exchange this afternoon.

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Following the issue and allotment of 1,460,713,122 new Unilever PLC shares pursuant to Unification, which represent 55.56% of the total number of PLC shares, Unilever PLC’s total issued ordinary share capital consists today of 2,629,243,772 ordinary shares of 3 1/9 pence each.

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As part of Unification, Unilever NV ceased to exist yesterday, 29 November 2020, as a result of which there have been no dealings, and will be no further dealings, in any Unilever NV securities (including in Unilever NV shares on Euronext in Amsterdam) since that date.

Unilever PLC holds no ordinary shares in treasury.

As at today’s date, 1,383,237 Unilever PLC shares (including Unilever PLC shares represented by Unilever PLC ADSs) are held by companies in the Unilever Group. The voting rights attaching to those shares are not exercisable. Therefore, the total number of shares with exercisable voting rights in Unilever PLC is 2,627,860,535.

This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Unilever PLC under the FCA’s Disclosure Guidance and Transparency Rules. As at today’s date, shareholders of Unilever PLC do not have similar notification obligations under applicable Dutch law.

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Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand SpurUnilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand Spur

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Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand SpurUnilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand Spur

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- Advertisement -Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand SpurUnilever completes unification of its Group legal structure under a single parent company, Unilever PLC. - Brand Spur