22 May 2006
Unilever plc - Share capital consolidation update - 22 May 2006
Unilever plc confirms that the consolidation of its share capital approved by
its shareholders at the Annual General Meeting held on 9 May 2006 was finalised
at the close of business on 19 May 2006.
Holders of ordinary shares exchanged 20 existing ordinary shares of 1.4 pence
each for 9 new ordinary shares of 31/9 pence each in the capital of Unilever
plc. The issued share capital of Unilever plc is now £136,275,682, comprising
4,377,075,492 ordinary shares of 31/9 pence each and 100,000 deferred shares of
£1 each. The new ordinary shares have been admitted to the Official List and to
trading on the London Stock Exchange.
As a result of the share capital consolidation, Unilever plc's American
Depositary Receipt (ADR), which previously comprised 4 ordinary shares of 1.4
pence each, will comprise 1 new ordinary share of 31/9 pence each. ADR holders
who held Unilever plc ADRs as at 19 May 2006 will be issued with 0.8 Unilever
plc ADRs for each Unilever plc ADR they hold on that date. Dealings in the new
Unilever plc ADRs on the New York Stock Exchange will commence on 25 May 2006.
This information is provided by RNS
The company news service from the London Stock Exchange