On 22 May 2006
- the ordinary shares in Unilever NV with a nominal value of NLG 1.12 were redenominated in ordinary shares with a nominal value of EUR 0.48 and each of these were subsequently split into three ordinary shares with a nominal value of EUR 0.16 each; the same applied to the depositary receipts of ordinary shares
- the 7 % cumulative preference shares with a nominal value of NLG 1 000 each were redenominated in 7 % cumulative preference shares with a nominal value of EUR 428.57 (with the accompanying depositary receipts for sub shares redenominated proportionally)
- the 6 % cumulative preference shares with a nominal value of NLG 1 000 were redenominated in cumulative preference shares with a nominal value of EUR 428.57 (with the sub shares being redenominated proportionally)
- the 4 % cumulative preference shares with a nominal value of NLG 100 were redenominated in cumulative preference shares with a nominal value of EUR 42.86
It was also decided that the entitlement of the 4 %, 6 % and 7 % cumulative preference shares to preferential dividend and liquidation proceeds remains linked, using the official euro conversion rate, to the (guilder) amount originally paid up on these shares. As a consequence the amount paid out as preferential dividend will remain the same euro amount as paid out in previous years.
The annual general meeting further decided to amend the articles of association to reflect that Unilever NV shares will be in registered form (op naam). This also became effective on 22 May 2006.
