20 july 2021
Sale of shares and consignment
On June 26, 2019, the Board of the Foundation Unilever Trust Office ("Trust Office") resolved to terminate the depositary receipt structure. Earlier that day at the meeting of holders of depositary receipt of the Trust Office approval was granted for this resolution.
The termination of the depositary receipt structure was effected in respect of the holders of book-entry depositary receipts on June 28, 2019. Holders of non-book-entry depositary receipts for which bearer certificates had been issued by the predecessor of the Trust Office ("Bearer Certificates") had the opportunity for a period of two (2) years, i.e. up to and including 26 June 2021, to exchange their Bearer Certificates free of charge for ordinary shares in Unilever N.V. and as of 29 November 2020, for ordinary shares in Unilever PLC.
The period during which Bearer Certificates could be exchanged for shares in Unilever PLC has meanwhile expired. In accordance with the Trust Conditions of the Trust Office and as already announced and explained in the agenda for the meeting of holders of depositary receipt on June 26, 2019, the Board of the Trust Office has decided to sell the remaining shares held by the Trust Office and to give the sale proceeds less costs into consignment (in consignatie) to the deposit fund (consignatiekas) at the Dutch Ministry of Finance ("Consignatiekas").
The sale of the shares took place on June 30, 2021, and the consignment has meanwhile also taken place. Holders of Bearer Certificates can hand these in at the Consignatiekas for another twenty (20) years from July 16, 2021, and will then receive the value of their Bearer Certificates in cash. The cash compensation will be calculated in accordance with the provisions in the Regulations for Conversion referred to in Article 14.2 of the Trust Conditions of the Trust Office. The original Bearer Certificates must thereby be handed over. Holders of Bearer Certificates will have no further claims on the Trust Office. For the record, it is stated, as already announced in 2019, that the Bearer Certificates do no longer entitle the holder thereof to any dividends.
Holders of Bearer Certificates can report to the Consignatiekas to turn in their original Bearer Certificates. The following link provides further information on requesting a payment from the Consignatie Office: Claim submission | Consignatie Office | Rijksoverheid.nl
A request for payment can be sent to:
Ministry of Finance
P.O. Box 20201
2500 EE The Hague