Business
Share purchase programme management share scheme
Share purchase programme management share scheme.
About this update from Unilever Plc
[{"type":"text","content":"\n \nRNS Number : 3870X Unilever PLC 29 April 2019 \n\n \nShare purchase programme for management share scheme\n \n29th April 2019\n \nLondon/Rotterdam - The Unilever Group today announces 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 29th April 2019 and will end no later than close of business on 17th May 2019.\n \nUnder 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. \n \nThe 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.\nThe 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.\n \nIn 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. \n \nMedia enquiries\nMedia Relations UK: +44 7934 483 444 \nMedia Relations Netherlands: +31 10 217 4844\n \nThis announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.\n \n\n\n\n\nUnilever PLC\n \n100 Victoria Embankment\nLondon\nEC4Y 0DY\nUnited Kingdom\n \n+44 (0) 207 822 5252\[email protected]\n \n\n\nUnilever NV \n \nWeena 455\n3013AL\nRotterdam\nwww.unilever.nl \n \n+31 (0) 10 217 4000\[email protected]\n \n\n\n\n\n \nSafe Harbour\nThis announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such ...