TIDMULVR TIDM0NXM
RNS Number : 5691D
Unilever PLC
27 June 2019
NV TRUST OFFICE TO TERMINATE UNILEVER NV DEPOSITARY RECEIPT
STRUCTURE
London/Rotterdam, June 27, 2019 - Unilever today announces that,
following the approval by the meeting of depositary receipt
holders, the board of the NV Trust Office has resolved to terminate
the depositary receipt structure of Unilever NV. This follows
Unilever's request, as announced on 1 May 2019, that the NV Trust
Office consider initiating the termination. This represents a
further step in Unilever's commitment to be at the forefront of
good corporate governance.
The depositary receipt structure will be terminated on Friday 28
June 2019 after close of trading on Euronext Amsterdam. As a
result, the depositary receipts of Unilever NV ordinary shares (the
"DRs") will be cancelled and the DR holders will in return receive
Unilever NV ordinary shares, which will become the primary Unilever
NV listing. The process will be carried out in accordance with the
timetable below. Holders of DRs do not need to take any action.
Friday 28 June 2019
-- Last day of trading of DRs on Euronext Amsterdam (ISIN
NL0000009355). The ticker symbol will temporarily change from UNA
to UNAT. The ISIN code will remain unchanged on that day.
-- Ticker symbol of the Unilever NV ordinary shares on Euronext
Amsterdam (ISIN NL0000388619) will temporarily change from UNIA to
UNIAT. The ISIN code will also remain unchanged on that day.
-- After close of trading on the Euronext Amsterdam, the
depositary receipt structure will be terminated.
Monday 1 July 2019
-- On Euronext Amsterdam, the DRs (ISIN NL0000009355) will no
longer be available and all trading will be in the Unilever NV
ordinary shares (ISIN NL0000388619). The ticker symbol of the
Unilever NV ordinary shares will permanently change to UNA.
From 1 July 2019, the NV Trust Office will not be able to
exercise any voting rights, nor to issue depositary receipts for
ordinary shares. Following the termination of the depositary
receipt structure of Unilever NV, there remains an obligation for
the NV Trust Office, until 27 June 2021, to facilitate the exchange
of a limited number of bearer certificates into Unilever NV
ordinary shares. After 27 June 2021, it is intended that the
foundation NV Trust Office will liquidate.
These changes do not affect Unilever NV shares held in New York
Registry form (CUSIP 904784709); nor do they affect Unilever PLC
shares held in American Depositary Receipt form (CUSIP 904767704)
or in registered form (ISIN GB00B10RZP78).
Please see www.unilever.com/investor-relations/unilever-shares
and www.administratiekantoor-unilever.nl for more information.
[Ends]
Unilever contacts
For more information, please contact:
Investor Relations
+44 207 822 6830
investor.relations@unilever.com
Lucila Zambrano Fleur Van-Bruggen
+ 44 782 527 3767 +31 615 008 293
Lucila.Zambrano@unilever.com Fleur-van.bruggen@unilever.com
About Unilever
Unilever is one of the world's leading suppliers of Beauty &
Personal Care, Home Care, and Foods & Refreshment products with
sales in over 190 countries and reaching 2.5 billion consumers a
day. It has 155,000 employees and generated sales of EUR51 billion
in 2018. Over half (59%) of the company's footprint is in
developing and emerging markets. Unilever has around 400 brands
found in homes all over the world, including Dove, Knorr, Dirt Is
Good, Rexona, Hellmann's, Lipton, Wall's, Lux, Magnum, Axe, Sunsilk
and Surf.
Unilever's Sustainable Living Plan (USLP) underpins the
company's strategy and commits to:
-- Helping more than a billion people take action to improve
their health and well-being by 2020.
-- Halving the environmental impact of our products by 2030.
-- Enhancing the livelihoods of millions of people by 2020.
The USLP creates value by driving growth and trust, eliminating
costs and reducing risks. The company's sustainable living brands
are growing 46% faster than the rest of the business and delivered
70% of the company's growth in 2017.
Since 2010 we have been taking action through the Unilever
Sustainable Living Plan to help more than a billion people improve
their health and well-being, halve our environmental footprint and
enhance the livelihoods of millions of people as we grow our
business. We have already made significant progress and continue to
expand our ambition - most recently committing to ensure 100% of
our plastic packaging is fully reusable, recyclable or compostable
by 2025. While there is still more to do, we are proud to have been
recognised in 2018 as sector leader in the Dow Jones Sustainability
Index and as the top ranked company in the Globescan/SustainAbility
Global Corporate Sustainability Leaders survey, for the
eighth-consecutive year.
For more information about Unilever and its brands, please visit
www.unilever.com.
For more information on the USLP:
www.unilever.com/sustainable-living/
Cautionary Statement
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', 'aim', 'expects', 'anticipates', 'intends',
'looks', 'believes', 'vision', or the negative of these terms 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. Among other risks and
uncertainties, the material or principal factors which could cause
actual results to differ materially are: Unilever's global brands
not meeting consumer preferences; Unilever's ability to innovate
and remain competitive; Unilever's investment choices in its
portfolio management; inability to find sustainable solutions to
support long-term growth including to plastic packaging; the effect
of climate change on Unilever's business; significant changes or
deterioration in customer relationships; the recruitment and
retention of talented employees; disruptions in our supply chain
and distribution; increases or volatility in the cost of raw
materials and commodities; the production of safe and high quality
products; secure and reliable IT infrastructure; execution of
acquisitions, divestitures and business transformation projects;
economic, social and political risks and natural disasters;
financial risks; failure to meet high and ethical standards; and
managing regulatory, tax and legal matters.
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.
Further details of potential risks and uncertainties affecting
the Group are described in the Group's filings with the London
Stock Exchange, Euronext Amsterdam and the US Securities and
Exchange Commission, including in the Annual Report on Form 20-F
2018 and the Unilever Annual Report and Accounts 2018.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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