Unilever Publishes Prospectus For New Unilever NV - Quick Facts

(RTTNews) - Unilever (UN, ULVR.L, UL) has published the prospectus for new Unilever NV and the shareholder documentation relating to simplification. Simplification of the current NV and PLC parent companies under new Unilever NV will be achieved through a combined process involving a UK scheme of arrangement for PLC and a Dutch statutory legal merger for NV. One ordinary share in the capital of new Unilever NV will be issued for each NV ordinary share and for each PLC ordinary share, resulting in shareholders receiving shares in the capital of new Unilever NV that represent an equivalent economic interest. The proposed simplification is subject to certain conditions, including the approval of shareholders in NV and PLC and applicable regulatory consents. The Executive of the UK Takeover Panel has confirmed that the UK Takeover Code will not apply to the simplification transaction.

The NV shareholder and depositary receipt holder meetings will take place on 25 October 2018 and the PLC shareholder meetings will take place on 26 October 2018. The expected last day of trading in NV and PLC shares will be 21 December 2018. Simplification is expected to complete over the weekend of 22 and 23 December 2018, with dealings in new Unilever NV shares commencing on, 24 December 2018.