Business
Extension of Early Instruction Deadline
Extension of Early Instruction Deadline.
About this update from Unilever Plc
[{"type":"text","content":"\n \n \n RNS Number : 7980S\n Unilever PLC\n 13 July 2020\n \n \n \n Unilever - extension of Early Instruction Deadline\n \n \n London/Rotterdam, 13 July 2020\n \n \n Further to the announcement by Unilever N.V. (\"NV\") and Unilever PLC (\"PLC\") (each, an \"Issuer\" and together, the \"Issuers\") on 26 June 2020 of Consent Solicitations in respect of the outstanding securities listed in the table below (each a \"Series\" and together, the \"Notes\"), the Issuers hereby announce the preliminary results as at the Early Instruction Deadline and the extension of the Early Instruction Deadline. Capitalised terms used in this notice and not otherwise defined shall have the meanings given to them in the Consent Solicitation Memorandum prepared by the Issuers dated 26 June 2020 (the \"Consent Solicitation Memorandum\").\n \n Preliminary results as at the Early Instruction Deadline\n The Early Instruction Deadline was 4.00 p.m. (London Time) on 10 July 2020. As at the Early Instruction Deadline, the Tabulation Agent had received Consent Instructions in favour of the Extraordinary Resolution from Noteholders representing over 99.9 per cent. of the total Consent Instructions received for all Series. However some of the Meetings in respect of the Euro-denominated Series subject to the Consent Solicitations are not currently expected to be quorate.\n Extension of Early Instruction Deadline\n The Early Instruction Deadline shall be extended to the Expiration Deadline, which is 9:30 a.m. (London time) on 20 July 2020. The Early Consent Fee of 0.05 per cent. of the principal amount of the Notes that are the subject of a Consent Instruction will therefore be extended to all Noteholders submitting a valid Consent Instruction in favour of the relevant Extraordinary Resolution which is received by the Tabulation Agent by the Expiration Deadline. For the avoidance of doubt, Noteholders who have already submitted Consent Instructions do not need to resubmit their Consent Instructions.\n Payment of the Early Consent Fee remains subject to the satisfaction of the Fee Conditions.\n All references to the Early Instruction Deadline in the Consent Solicitation Memorandum shall be deemed to be replaced with the Early Instruction Deadline as extended pursuant to this announcement. For the avoidance of doubt, all other terms of the Consent Solic...