Other share purchase programmes
Please note that in November 2020 the Unilever Group completed the unification of its legal structure under a single parent company, Unilever PLC, and Unilever N.V. ceased to exist.
Share purchase programme for management share scheme
Announced on 29 April 2019
Unilever PLC and Unilever N.V. announced a programme to purchase shares up to an aggregate market value equivalent of €165 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 April 2019 and will end no later than close of business on 17 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.
Unilever N.V. will inform the market about the progress made in the execution of this programme through weekly press releases. details will be updated weekly during the course of the buy-back programme.