Business
Completion of demerger of Ice Cream Business
Unilever PLC has completed the demerger of its ice cream business, now known as The Magnum Ice Cream Company N.V., with trading commencing today on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange. In connection with this demerger, Unilever shareholders approved a share consolidation intended to maintain comparability of per-share metrics, which is expected to take effect tomorrow, December 9, 2025, with dealings in the new ordinary shares and American Depositary Shares commencing on the respective exchanges. Disclaimer*
About this update from Unilever Plc
[{"type":"text","content":"\n\nUnilever PLC\nCompletion of demerger of Unilever's Ice Cream Business\n \nUnilever PLC (\"Unilever\") announces that, on Saturday 6 December 2025, it completed the demerger of its ice cream business, now known as The Magnum Ice Cream Company N.V. (\"TMICC\") (the \"Demerger\").\nTrading in the shares of TMICC (ticker \"MICC\") will commence today (Monday 8 December 2025) at (i) 9:00 a.m. (Amsterdam time) on Euronext Amsterdam, (ii) 8:00 a.m. (London time) on the London Stock Exchange, and (iii) 9:30 a.m. (New York time) on the New York Stock Exchange.\nUpdate on Share Consolidation\nAt the General Meeting of Unilever on 21 October 2025, Unilever shareholders approved the consolidation (or the subdivision and consolidation) of ordinary shares in Unilever (the \"Share Consolidation\") in connection with the Demerger.\nThe Share Consolidation is intended to maintain comparability, so far as practicable, between Unilever's share price and per share metrics (including earnings per share and dividends per share) before and after the Demerger.\nUnilever expects the Share Consolidation to take place after the market closes today (Monday 8 December 2025) and become effective tomorrow (Tuesday 9 December 2025). Unilever expects to announce the consolidation ratio later today.\nIt is expected that admission and dealings in the new ordinary shares in Unilever following the Share Consolidation will commence on Tuesday 9 December 2025 on the London Stock Exchange at 8:00 a.m. (London time) and on Euronext Amsterdam at 9:00 a.m. (Amsterdam time) and admission and dealings in new Unilever American Depositary Shares will commence on Tuesday 9 December 2025 on the New York Stock Exchange at 9:30 a.m. (New York time).\nFurther information on the Share Consolidation can be found in the circular to shareholders published on 2 October 2025 (the \"Circular\"). The Circular is available on Unilever's website at www.unilever.com/gm. Shareholders are encouraged to read the Circular in full.\n \nFor further information, please contact:\n \nInvestor Relations: [email protected]\nUnilever Press Office: [email protected]\n \n \nCautionary Statement\n \nThis announcement may contain forward-looking statements within the meaning of the securities laws of certain jurisdictions, including 'forward-lo...