Business
Update on Share Consolidation
Unilever PLC has announced that its share consolidation, effective tomorrow, December 9, 2025, will implement an 8-for-9 ratio following the demerger of its ice cream business. This consolidation will result in 2,232,630,400 ordinary shares of 3 1/2 pence each, with 2,180,690,335 shares carrying voting rights. American Depositary Shares will also be consolidated on an 8-for-9 basis, with new ADSs commencing trading on the NYSE tomorrow. Fractional entitlements will be aggregated and sold, with net proceeds distributed to shareholders. Disclaimer*
About this update from Unilever Plc
[{"type":"text","content":"\n\nUnilever PLC\nUpdate on Share Consolidation\n \nUnilever PLC (\"Unilever\") announces that, following the confirmation earlier today of the completion of the demerger of its ice cream business (the \"Demerger\"), the consolidation of ordinary shares in Unilever (the \"Share Consolidation\") in connection with the Demerger will become effective as at 8.00 a.m. (London time) tomorrow (Tuesday 9 December 2025).\nAs at the record time of 10:00 p.m. (London time) this evening (Monday 8 December 2025), the Share Consolidation will apply a ratio of:\n \n8 New Unilever Shares for every 9 existing ordinary shares in Unilever.\n \nAdmission of the new ordinary shares of Unilever (the \"New Unilever Shares\") (i) to listing on the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities will take place at 8:00 a.m. (London time) tomorrow (Tuesday 9 December 2025), and (ii) to listing and trading on Euronext Amsterdam will take place at 9:00 a.m. (Amsterdam time) tomorrow (Tuesday 9 December 2025).\nThe New Unilever Shares will have a nominal value per share of 3 1/2 pence each and will be registered with the ISIN number GB00BVZK7T90.\nFurther information in relation to the Share Consolidation can be found in the circular to shareholders published on Thursday 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.\nThe key dates and times in relation to the Share Consolidation are set out at the end of this announcement.\nFractional entitlements\nFractional entitlements to New Unilever Shares may arise as a result of the Share Consolidation. Any holding of ordinary shares in Unilever which is not exactly divisible by the consolidation ratio will result in the number of entitlements to New Unilever Shares to be received being rounded down to the nearest whole number.\nIndividual fractional entitlements will be aggregated and sold in the market. The net proceeds of the sale, after the deduction of any expenses and/or commission associated with such sale (including any related VAT), will be paid in due proportion to the relevant Unilever shareholders.\nTotal voting rights\nThe following notifica...