Unilever PLC Share purchase programme management share scheme (3870X)
April 29 2019 - 05:00AM
UK Regulatory
TIDMULVR TIDM0NXM
RNS Number : 3870X
Unilever PLC
29 April 2019
Share purchase programme for management share scheme
29(th) April 2019
London/Rotterdam - The Unilever Group today announces a
programme to purchase shares up to an aggregate market value
equivalent of EUR165 million. The purpose of the programme is to
enable the Group to meet share award obligations under its
Management Co-Investment Plan. The programme, to be conducted by
Unilever N.V., will commence on 29(th) April 2019 and will end no
later than close of business on 17(th) May 2019.
Under the terms of the programme, a maximum of 995,000 Unilever
PLC ordinary shares and 1,787,000 Unilever N.V. ordinary shares (or
depositary receipts in respect of such ordinary shares) will be
purchased.
The share purchase programme will be conducted within the
parameters prescribed by the Market Abuse Regulation 596/2014 and
the Commission Delegated Regulation (EU) 2016/1052.
The Group has entered into non-discretionary instructions with
UBS AG London Branch to conduct the share purchase programme on its
behalf and to make trading decisions under the programme
independently of the Group.
In addition, up to 81,000 American Depositary Shares of Unilever
PLC and up to 891,000 New York Registry Shares of Unilever N.V.
will be repurchased for the same purpose on the New York Stock
Exchange based on non-discretionary instructions with UBS
Securities LLC.
Media enquiries
Media Relations UK: +44 7934 483 444
Media Relations Netherlands: +31 10 217 4844
This announcement does not constitute, or form part of, an offer
or any solicitation of an offer for securities in any
jurisdiction.
Unilever PLC Unilever NV
100 Victoria Embankment Weena 455
London 3013AL
EC4Y 0DY Rotterdam
United Kingdom www.unilever.nl
+44 (0) 207 822 5252 +31 (0) 10 217 4000
Press-Office.London@Unilever.com mediarelations.rotterdam@Unilever.com
Safe Harbour
This announcement may contain forward-looking statements,
including 'forward-looking statements' within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
Words such as 'will' or the negative of this term and other similar
expressions of future performance or results, and their negatives,
are intended to identify such forward-looking statements. These
forward-looking statements are based upon current expectations and
assumptions regarding anticipated developments and other factors
affecting the Unilever Group (the "Group"). They are not historical
facts, nor are they guarantees of future performance.
Because these forward-looking statements involve risks and
uncertainties, there are important factors that could cause actual
results to differ materially from those expressed or implied by
these forward-looking statements. These forward-looking statements
speak only as of the date of this announcement. Except as required
by any applicable law or regulation, the Group expressly disclaims
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Group's expectations with regard thereto
or any change in events, conditions or circumstances on which any
such statement is based.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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END
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