|
UNILEVER PLC
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|
|
|
/S/ T E LOVELL
By T E LOVELL
SECRETARY
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EXHIBIT
NUMBER
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EXHIBIT
DESCRIPTION
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99
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Notice to London
Stock Exchange
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Exhibit 1:
|
Stock Exchange announcement
dated 8 February 2017 entitled ‘Director/PDMR
shareholding’
|
|
Exhibit 2:
|
Stock Exchange announcement
dated 10 February 2017 entitled ‘Director/PDMR
shareholding’
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|
Exhibit
3:
|
Stock Exchange announcement
dated 15 February 2017 entitled ‘Director/PDMR
shareholding’
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|
Exhibit
4:
|
Stock Exchange announcement
dated 17 February 2017 entitled ‘Director/PDMR
shareholding’
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|
Exhibit
5:
|
Stock Exchange announcement
dated 28 February 2017 entitled ‘Annual Financial
Report’
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|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
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a)
|
Name
|
Keith
Weed
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Marketing & Communications Officer (a member of the Unilever
Leadership Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
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|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
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|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
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|
|
b)
|
Nature of the transaction
|
● 8
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 8
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 8
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 8
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 8
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● 9
shares (Dividend equivalents earned on shares)
● 9
shares (Dividend equivalents earned on shares)
● 13
shares (Dividend equivalents earned on shares)
● 13
shares (Dividend equivalents earned on shares)
● 13
shares (Dividend equivalents earned on shares)
● 9
shares (Dividend equivalents earned on shares)
● 8
shares (Dividend equivalents earned on shares)
● 11
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 4
shares (Dividend equivalents earned on shares)
● 4
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 4
shares (Dividend equivalents earned on shares)
● 5
shares (Dividend equivalents earned on shares)
● 4
shares (Dividend equivalents earned on shares)
● 6
shares (Dividend equivalents earned on shares)
● 7
shares (Dividend equivalents earned on shares)
● Exercised
1,374 options originally granted on 4 July 2006 under the Unilever
PLC 2005 Sharesave plan at an option price of 11.71p per Unilever
PLC ordinary share of 3 1/9p each on Maturity on 1 October
2011.
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|
|
c)
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Currency
|
GBP
– British Pound
|
|
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d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
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|
(i)
2389.57p
|
8
|
||
|
(ii)
2604.30p
|
7
|
||
|
(iii) 2609.70p
|
8
|
||
|
(iv) 2680.90p
|
7
|
||
|
(v) 2676.74p
|
8
|
||
|
(vi) 2907.80p
|
7
|
||
|
(vii) 2808.00p
|
7
|
||
|
(viii) 2553.70p
|
8
|
||
|
(ix) 2788.43p
|
7
|
||
|
(x) 3114.08p
|
7
|
||
|
(xi) 3182.64p
|
8
|
||
|
(xii) 3522.00p
|
7
|
||
|
(xiii) 3153.34p
|
9
|
||
|
(xiv) 1956.82p
|
9
|
||
|
(xv) 1900.85p
|
13
|
||
|
(xvi) 2017.90p
|
13
|
||
|
(xvii) 2149.88p
|
13
|
||
|
(xviii) 2364.74p
|
9
|
||
|
(xix) 2764.70p
|
8
|
||
|
(xx) 2388.71p
|
11
|
||
|
(xxi) 2687.78p
|
5
|
||
|
(xxii) 2609.00p
|
5
|
||
|
(xxiii) 2681.34p
|
5
|
||
|
(xxiv) 2676.74p
|
5
|
||
|
(xxv) 2907.80p
|
4
|
||
|
(xxvi) 2832.40p
|
4
|
||
|
(xxvii) 2554.80p
|
5
|
||
|
(xxviii)
2786.25p
|
5
|
||
|
|
|
(xxix)
3114.00p
|
4
|
|
|
|
(xxx) 3182.00p
|
5
|
|
|
|
(xxxi) 3528.49p
|
4
|
|
|
|
(xxxii) 3159.00p
|
6
|
|
|
|
(xxxiii) 3111.00p
|
7
|
|
|
|
(xxxiv) 1171.00p
|
1,374
|
|
e)
|
Aggregated information
- Volume
- Total
|
1,612
£22,399.42
|
|
|
f)
|
Date of the transaction
|
(i) 2014-01-10
(ii) 2014-04-10
(iii) 2014-07-11
(iv) 2014-09-11
(v) 2014-12-11
(vi) 2015-04-13
(vii) 2015-06-12
(viii) 2015-09-11
(ix) 2015-12-11
(x) 2016-03-11
(xi) 2016-06-13
(xii) 2016-09-13
(xiii) 2016-12-13
(xiv) 2010-04-13
(xv) 2011-01-10
(xvi) 2011-10-11
(xvii) 2012-07-10
(xviii) 2013-01-10
(xix) 2013-07-10
(xx) 2014-01-10
(xxi) 2014-06-11
(xxii) 2014-07-11
(xxiii) 2014-09-11
(xxiv) 2014-12-11
(xxv) 2015-04-13
(xxvi) 2015-06-11
(xxvii) 2015-09-11
(xxviii) 2015-12-11
(xxix) 2016-03-11
(xxx) 2016-06-13
(xxxi) 2016-09-13
(xxxii) 2016-12-13
(xxxiii) 2016-12-07
(xxxiv) 2011-10-03
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Graeme
Pitkethly
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Financial Officer (Director)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
Purchase
of shares under the Unilever PLC Share Incentive Plan.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3309.1161p
|
4
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
4
£132.36
|
|
|
f)
|
Date of the transaction
|
2017-02-08
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
David
Blanchard
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
R&D Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
4,508
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
4,508
£148,718.92
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Marc
Engel
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Supply Chain Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
4,508
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
4,508
£148,718.92
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Kevin
Havelock
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Refreshment (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
4,508
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
4,508
£148,718.92
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Alan
Jope
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Personal Care (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC American Depositary Receipts each representing 1 ordinary 3 1/9
pence share
CUSIP904767704
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of PLC ADRs were awarded with conditional GSIP
rights pursuant to the Unilever North America Omnibus Equity
Compensation Plan.
|
|
|
c)
|
Currency
|
USD
– United States Dollar
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
41.83
|
5,370
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,370
$224,627.10
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
New
York Stock Exchange – XNYS
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Kees
Kruythoff
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
North America (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional GSIP rights pursuant to the Unilever North American
Omnibus Equity Compensation Plan.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
5,185
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,185
£171,053.15
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Leena
Nair
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
HR Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
5,185
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,185
£171,053.15
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Nitin
Paranjpe
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Home Care (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
5,861
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,861
£193,354.39
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Graeme
Pitkethly
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Financial Officer (Director)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
14,171
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
14,171
£467,501.29
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Paul
Polman
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Executive Officer (Director)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
30,532
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
30,532
£1,007,250.68
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Amanda
Sourry-Knox
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Foods (a member of the Unilever Leadership Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC American Depositary Receipts each representing 1 ordinary 3 1/9
pence share
CUSIP904767704
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of PLC ADRs were awarded with conditional GSIP
rights pursuant to the Unilever North America Omnibus Equity
Compensation Plan.
|
|
|
c)
|
Currency
|
USD
– United States Dollar
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
41.83
|
5,146
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,146
$215,257.18
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
New
York Stock Exchange – XNYS
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Ritva
Sotamaa
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Legal Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
5,185
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
5,185
£171,053.15
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Keith
Weed
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Marketng & Communications Officer (a member of the Unilever
Leadership Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
4,508
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
4,508
£148,718.92
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Jan
Zijderveld
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Europe (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial
notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description
of the financial instrument, type of instrument
Identification
code
|
Unilever
PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature
of the transaction
|
Executive
Directors and PDMRs receive performance-related Unilever N.V. (NV)
and Unilever PLC (PLC) shares in a 50/50 mix. Prior to vesting,
Executive Directors and PDMRs are able to choose whether they
receive any shares that are due to vest in PLC or NV shares or a
50/50 mix.
The
following number of shares of 3 1/9p each were awarded with
conditional rights pursuant to the Unilever Global Share Incentive
Plan 2007.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
3299.0p
|
4,508
|
||
|
e)
|
Aggregated
information
-
Volume
-
Total
|
4,508
£148,718.92
|
|
|
f)
|
Date of
the transaction
|
2017-02-13
|
|
|
g)
|
Place
of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
David
Blanchard
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
R&D Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Blanchard elected to receive only PLC shares. To
calculate the effect of ‘share choice’ on vesting, the
total value for each award (both NV and PLC share types) is
calculated using the performance factor and the closing share price
on vesting, including dividend reinvestment accrued. The value of
the share type not chosen (NV shares) is converted into the
currency of the chosen share type (PLC shares), divided by the
closing share price on vesting and this number of PLC shares is
added to the original number of PLC shares that vested. The
original awards of NV shares are cancelled and reduced to nil. Mr
Blanchard received 9,560
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Blanchard received 2,407
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
9,560
|
||
|
3285.5p
|
2,407
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
11,967
£393,175.79
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Marc
Engel
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Supply Chain Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Engel elected to receive only NV shares. To calculate the
effect of ‘share choice’ on vesting, the total value
for each award (both NV and PLC share types) is calculated using
the performance factor and the closing share price on vesting,
including dividend reinvestment accrued. The value of the share
type not chosen (PLC shares) is converted into the currency of the
chosen share type (NV shares), divided by the closing share price
on vesting and this number of NV shares is added to the original
number of NV shares that vested. The original award of 4,263 PLC shares and the dividend
reinvestment are cancelled and reduced to nil.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Engel received 2,630
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 84% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
2,630
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
2,630
£86,408.65
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Kevin
Havelock
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Refreshment (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Havelock elected to receive only PLC shares. To calculate
the effect of ‘share choice’ on vesting, the total
value for each award (both NV and PLC share types) is calculated
using the performance factor and the closing share price on
vesting, including dividend reinvestment accrued. The value of the
share type not chosen (NV shares) is converted into the currency of
the chosen share type (PLC shares), divided by the closing share
price on vesting and this number of PLC shares is added to the
original number of PLC shares that vested. The original awards of
NV shares are cancelled and reduced to nil. Mr Havelock received
9,560 Unilever PLC Ordinary
shares of 3 1/9p each after using a performance factor of 70% and
including dividend reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Havelock received 1,949
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
9,560
|
||
|
3285.5p
|
1,949
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
11,509
£378,128.20
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Alan
Jope
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Personal Care (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC American Depositary Receipts each representing 1
ordinary 3 1/9 pence share
CUSIP904767704
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC American Depositary Receipts (PLC ADRs) each
representing 1 Ordinary 3 1/9 pence share have vested based on the
February 2013 GSIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Jope elected to receive only New York NV shares. To
calculate the effect of ‘share choice’ on vesting, the
total value for each award (both NV and PLC share types) is
calculated using the performance factor and the closing share price
on vesting, including dividend reinvestment accrued. The value of
the share type not chosen (PLC shares) is converted into the
currency of the chosen share type (NV shares), divided by the
closing share price on vesting and this number of NV shares is
added to the original number of NV shares that vested. The original
award of 9,263 PLC ADRs and
the dividend reinvestment are cancelled and reduced to nil.
ii)
Unilever PLC American Depositary Receipts (PLC ADRs) each
representing 1 Ordinary 3 1/9 pence share have vested based on the
February 2013 MCIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan.
Mr Jope
received 3,108 PLC ADRs
after using a performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
USD
– United States Dollar
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
42.17
|
3,108
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
3,108
$131,064.36
|
|
|
f)
|
Date of the transaction
|
2017-02-15
|
|
|
g)
|
Place of the transaction
|
New
York Stock Exchange – XNYS
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Kees
Kruythoff
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
North America (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 GSIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Kruythoff elected to receive only NV shares. To calculate
the effect of ‘share choice’ on vesting, the total
value for each award (both NV and PLC share types) is calculated
using the performance factor and the closing share price on
vesting, including dividend reinvestment accrued. The value of the
share type not chosen (PLC shares) is converted into the currency
of the chosen share type (NV shares), divided by the closing share
price on vesting and this number of NV shares is added to the
original number of NV shares that vested. The original award of
4,662 PLC shares and the
dividend reinvestment are cancelled and reduced to nil.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 MCIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan..
Mr
Kruythoff received 1,733 PLC
shares after using a performance factor of 70% and including
dividend reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
1,733
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
1,733
£56,937.72
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Leena
Nair
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
HR Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Ms Nair
received 1,647 Unilever PLC
Ordinary shares of 3 1/9p each after using a performance factor of
84% and including dividend reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Ms Nair
received 1,396 Unilever PLC
Ordinary shares of 3 1/9p each after using a performance factor of
84% and including dividend reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
1,647
|
||
|
3285.5p
|
1,396
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
3,043
£99,977.77
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Nitin
Paranjpe
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Home Care (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Paranjpe elected to receive only NV shares. To calculate
the effect of ‘share choice’ on vesting, the total
value for each award (both NV and PLC share types) is calculated
using the performance factor and the closing share price on
vesting, including dividend reinvestment accrued. The value of the
share type not chosen (PLC shares) is converted into the currency
of the chosen share type (NV shares), divided by the closing share
price on vesting and this number of NV shares is added to the
original number of NV shares that vested. The original award of
6,216 PLC shares and the
dividend reinvestment are cancelled and reduced to nil.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Paranjpe received 1,450
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
1,450
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
1,450
£47,639.75
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Graeme
Pitkethly
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Financial Officer (Director)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Mr
Pitkethly received 3,952
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 84% and including dividend
reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Pitkethly received 1,983
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 84% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
3,952
|
||
|
3285.5p
|
1,983
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
5,935
£194,994.43
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Paul
Polman
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Executive Officer (Director)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
Unilever
PLC Ordinary shares of 3 1/9p each have vested based on the
February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Polman elected to receive only NV shares. To calculate
the effect of ‘share choice’ on vesting, the total
value for each award (both NV and PLC share types) is calculated
using the performance factor and the closing share price on
vesting, including dividend reinvestment accrued. The value of the
share type not chosen (PLC shares) is converted into the currency
of the chosen share type (NV shares), divided by the closing share
price on vesting and this number of NV shares is added to the
original number of NV shares that vested. The original award of
43,700 PLC shares and the
dividend reinvestment are cancelled and reduced to nil.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
0.0p
|
0
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
0
£0.00
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Judith
Amanda Sourry Knox
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Foods (a member of the Unilever Leadership Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC American Depositary Receipts each representing 1
ordinary 3 1/9 pence share
CUSIP904767704
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC American Depositary Receipts (PLC ADRs) each
representing 1 Ordinary 3 1/9 pence share have vested based on the
February 2013 GSIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Ms Sourry-Knox elected to receive only New York NV shares.
To calculate the effect of ‘share choice’ on vesting,
the total value for each award (both NV and PLC share types) is
calculated using the performance factor and the closing share price
on vesting, including dividend reinvestment accrued. The value of
the share type not chosen (PLC shares) is converted into the
currency of the chosen share type (NV shares), divided by the
closing share price on vesting and this number of NV shares is
added to the original number of NV shares that vested. The original
award of 4,328 PLC ADRs and
the dividend reinvestment are cancelled and reduced to nil.
ii)
Unilever PLC American Depositary Receipts (PLC ADRs) each
representing 1 Ordinary 3 1/9 pence share have vested based on the
February 2013 MCIP
conditional rights awards pursuant to the Unilever North America 2002 Omnibus Equity
Compensation Plan.
Ms
Sourry-Knox received 4,212
PLC ADRs after using a performance factor of 84% and including
dividend reinvestment.
|
|
|
c)
|
Currency
|
USD
– United States Dollar
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
42.17
|
4,212
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
4,212
$177,620.04
|
|
|
f)
|
Date of the transaction
|
2017-02-15
|
|
|
g)
|
Place of the transaction
|
New
York Stock Exchange – XNYS
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Ritva
Sotamaa
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Legal Officer (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Ms
Sotamaa received 4,802
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Ms
Sotamaa received 1,816
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
4,802
|
||
|
3285.5p
|
1,816
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
6,618
£217,434.39
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Keith
Weed
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief
Marketng & Communications Officer (a member of the Unilever
Leadership Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Weed elected to receive only PLC shares. To calculate the
effect of ‘share choice’ on vesting, the total value
for each award (both NV and PLC share types) is calculated using
the performance factor and the closing share price on vesting,
including dividend reinvestment accrued. The value of the share
type not chosen (NV shares) is converted into the currency of the
chosen share type (PLC shares), divided by the closing share price
on vesting and this number of PLC shares is added to the original
number of PLC shares that vested. The original awards of NV shares
are cancelled and reduced to nil. Mr Weed received 9,560 Unilever PLC Ordinary shares of 3
1/9p each after using a performance factor of 70% and including
dividend reinvestment.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr Weed
received 5,208 Unilever PLC
Ordinary shares of 3 1/9p each after using a performance factor of
70% and including dividend reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
9,560
|
||
|
3285.5p
|
5,208
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
14,768
£485,202.64
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Jan
Zijderveld
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
President,
Europe (a member of the Unilever Leadership
Excecutive)
|
|
|
b)
|
Initial notification /Amendment
|
Initial
Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
Unilever
PLC
|
|
|
b)
|
LEI
|
549300MKFYEKVRWML317
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Unilever PLC ordinary 3 1/9 pence shares
GB00B10RZP78
|
|
|
b)
|
Nature of the transaction
|
i)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Global Share Incentive
Plan 2007.
Share
choice was offered which allows ULE members to choose, just before
vesting, whether they want to receive net shares in the share types
originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share
type only (NV or
PLC).
Mr Zijderveld elected to receive only NV shares. To
calculate the effect of ‘share choice’ on vesting, the
total value for each award (both NV and PLC share types) is
calculated using the performance factor and the closing share price
on vesting, including dividend reinvestment accrued. The value of
the share type not chosen (PLC shares) is converted into the
currency of the chosen share type (NV shares), divided by the
closing share price on vesting and this number of NV shares is
added to the original number of NV shares that vested. The original
award of 7,770 PLC shares
and the dividend reinvestment are cancelled and reduced to
nil.
ii)
Unilever PLC Ordinary shares of 3 1/9p each have vested based on
the February 2013 conditional rights awards pursuant to the
Unilever Management Co-Investment
Plan.
Mr
Zijderveld received 3,121
Unilever PLC Ordinary shares of 3 1/9p each after using a
performance factor of 70% and including dividend
reinvestment.
|
|
|
c)
|
Currency
|
GBP
– British Pound
|
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
3285.5p
|
3,121
|
||
|
e)
|
Aggregated information
- Volume
- Total
|
3,121
£102,540.46
|
|
|
f)
|
Date of the transaction
|
2017-02-14
|
|
|
g)
|
Place of the transaction
|
London
Stock Exchange - XLON
|
|
|
DESCRIPTION OF RISK
|
WHAT WE ARE DOING TO MANAGE THE RISK
|
|
BRAND PREFERENCE
As a
branded goods business, Unilever’s success depends on the
value and relevance of our brands and products to consumers around
the world and on our ability to innovate and remain
competitive.
Consumer
tastes, preferences and behaviours are constantly changing and
Unilever’s ability to anticipate and respond to these changes
and to continue to differentiate our brands and products is vital
to our business.
We are
dependent on creating innovative products that continue to meet the
needs of our consumers. If we are unable to innovate effectively,
Unilever’s sales or margins could be materially adversely
affected.
|
We
continuously monitor external market trends and collate consumer,
customer and shopper insight in order to develop category and brand
strategies.
Our
strategy focuses on investing in markets and segments which we
identify as attractive because we have already built, or are
confident that we can build, competitive advantage.
Our
Research and Development function actively searches for ways in
which to translate the trends in consumer preference and taste into
new technologies for incorporation into future
products.
Our
innovation management process deploys tools, technologies and
resources to convert category strategies into projects and category
plans, develop products and relevant brand communication and
successfully roll out new products to our consumers.
|
|
PORTFOLIO MANAGEMENT
Unilever’s
strategic investment choices will affect the long-term growth and
profits of our business.
Unilever’s
growth and profitability are determined by our portfolio of
categories, geographies and channels and how these evolve over
time. If Unilever does not make optimal strategic investment
decisions then opportunities for growth and improved margin could
be missed.
|
Our
Compass strategy and our business plans are designed to ensure that
resources are prioritised towards those categories and markets
having the greatest long-term potential for Unilever.
Our
acquisition activity is driven by our portfolio strategy with a
clear, defined evaluation process.
|
|
SUSTAINABILITY
The
success of our business depends on finding sustainable solutions to
support long-term growth.
Unilever’s
Vision to accelerate growth in the business while reducing our
environmental footprint and increasing our positive social impact
will require more sustainable ways of doing business. In a world
where resources are scarce and demand for them continues to
increase it is critical that we succeed in reducing our resource
consumption and converting to sustainably sourced supplies. In
doing this we are dependent on the efforts of partners and various
certification bodies. We are also committed to improving health and
well-being and enhancing livelihoods around the world so Unilever
and our communities grow successfully together. There can be no
assurance that sustainable business solutions will be developed and
failure to do so could limit Unilever’s growth and profit
potential and damage our corporate reputation.
|
The
Unilever Sustainable Living Plan sets clear long-term commitments
to improve health and well-being, reduce environmental impact and
enhance livelihoods. Underpinning these are targets in areas such
as hygiene, nutrition, sustainable sourcing, fairness in the
workplace, opportunities for women and inclusive business as well
as greenhouse gas emissions, water and waste. These targets and
more sustainable ways of operating are being integrated into
Unilever’s day-to-day business through initiatives such as
efficient packaging design, waste reduction and recycling and
converting to use of renewable energy.
Progress
towards the Unilever Sustainable Living Plan is monitored by the
Unilever Leadership Executive and the Boards. The Unilever
Sustainable Living Plan Council, comprising six external
specialists in sustainability, guides and critiques the development
of our strategy.
|
|
CLIMATE CHANGE
Climate
changes and governmental actions to reduce such changes may disrupt
our operations and/or reduce consumer demand for our
products.
Climate
changes are occurring around the globe which may impact our
business in various ways.
They
could lead to water shortages which would reduce demand for those
of our products that require a significant amount of water during
consumer use. They could also lead to an increase in raw material
prices or reduced availability.
Governments
may take action to reduce climate change such as the introduction
of a carbon tax which could impact our business through higher
costs or reduced flexibility of operations.
Climate
change could result therefore in making products less affordable or
less available for our consumers resulting in reduced growth and
profitability.
|
As part
of our Unilever Sustainable Living Plan we monitor climate change
and are responding by developing operations and products with
reduced environmental impact.
We seek
to develop products that will require less water during consumer
use.
We aim
to minimise our impact on climate change through committing to
emission reduction targets and have developed a roadmap to be
carbon positive by 2030.
We
monitor trends in raw material availability and pricing, and
proactively reformulate our products where
appropriate.
We
monitor governmental developments around actions to combat climate
change and act to minimise the impact on our
operations.
|
|
CUSTOMER RELATIONSHIPS
Successful
customer relationships are vital to our business and continued
growth.
Maintaining
strong relationships with our existing customers and building
relationships with new customers who serve changing shopper habits
are necessary to ensure our brands are well presented to our
consumers and available for purchase at all times.
The
strength of our customer relationships also affects our ability to
obtain pricing and competitive trade terms. Failure to maintain
strong relationships with customers could negatively impact our
terms of business with affected customers and reduce the
availability of our products to consumers.
|
We
build and maintain trading relationships across a broad spectrum of
channels ranging from centrally managed multinational customers
through to small traders accessed via distributors in many
developing countries. We identify changing shopper habits and build
relationships with new customers, such as those serving the
e-commerce channel.
We
develop joint business plans with our key customers that include
detailed investment plans and customer service objectives and we
regularly monitor progress.
We have
developed capabilities for customer sales and outlet design which
enable us to find new ways to improve customer performance and
enhance our customer relationships. We invest in technology to
optimise order and stock management processes for our distributive
trade customers.
|
|
TALENT AND ORGANISATION
A
skilled workforce and agile organisation are essential for the
continued success of our business.
Our
ability to attract, develop, organise and retain the right number
of appropriately qualified people is critical if we are to compete
and grow effectively.
This is
especially true in our key emerging markets where there can be a
high level of competition for a limited talent pool. The loss of
management or other key personnel or the inability to identify,
attract and retain qualified personnel could make it difficult to
manage the business and could adversely affect operations and
financial results.
|
Resource
committees have been established and implemented throughout our
business. These committees have responsibility for identifying
future skills and capability needs, developing career paths and
identifying the key talent and leaders of the future.
We have
an integrated management development process which includes regular
performance reviews underpinned by a common set of leadership
behaviours, skills and competencies.
We have
targeted programmes to attract and retain top talent and we
actively monitor our performance in retaining talent within
Unilever.
We
regularly review our ways of working and organisation structures to
ensure that we drive speed and simplicity through our business to
remain agile and responsive to market place trends.
|
|
SUPPLY CHAIN
Our
business depends on purchasing materials, efficient manufacturing
and the timely distribution of products to our
customers.
Our
supply chain network is exposed to potentially adverse events such
as physical disruptions, environmental and industrial accidents or
bankruptcy of a key supplier which could impact our ability to
deliver orders to our customers.
The
cost of our products can be significantly affected by the cost of
the underlying commodities and materials from which they are made.
Fluctuations in these costs cannot always be passed on to the
consumer through pricing.
|
We have
contingency plans designed to enable us to secure alternative key
material supplies at short notice, to transfer or share production
between manufacturing sites and to use substitute materials in our
product formulations and recipes.
These
contingency plans also extend to an ability to intervene directly
to support a key supplier should it for any reason find itself in
difficulty or be at risk of negatively affecting a Unilever
product.
We have
policies and procedures designed to ensure the health and safety of
our employees and the products in our facilities, and to deal with
major incidents including business continuity and disaster
recovery.
Commodity
price risk is actively managed through forward buying of traded
commodities and other hedging mechanisms. Trends are monitored and
modelled regularly and integrated into our forecasting
process.
|
|
SAFE AND HIGH QUALITY PRODUCTS
The
quality and safety of our products are of paramount importance for
our brands and our reputation.
The
risk that raw materials are accidentally or maliciously
contaminated throughout the supply chain or that other product
defects occur due to human error, equipment failure or other
factors cannot be excluded.
|
Our
product quality processes and controls are comprehensive, from
product design to customer shelf. They are verified annually and
regularly monitored through performance indicators that drive
continuous improvement activities. Our key suppliers are externally
certified and the quality of material received is regularly
monitored to ensure that it meets the rigorous quality standards
that our products require.
In the
event of an incident relating to the safety of our consumers or the
quality of our products, incident management teams are activated in
the affected markets under the direction of our product quality,
science and communications experts, to ensure timely and effective
market place action.
|
|
SYSTEMS AND INFORMATION
Unilever’s
operations are increasingly dependent on IT systems and the
management of information.
Increasing
digital interactions with customers, suppliers and consumers place
ever greater emphasis on the need for secure and reliable IT
systems and infrastructure and careful management of the
information that is in our possession.
Disruption
of our IT systems could inhibit our business operations in a number
of ways, including disruption to sales, production and cash flows,
ultimately impacting our results.
There
is also a threat from unauthorised access and misuse of sensitive
information. Unilever’s information systems could be subject
to unauthorised access or the mistaken disclosure of information
which disrupts Unilever’s business and/or leads to loss of
assets.
|
We have
policies covering the protection of both business and personal
information, as well as the use of IT systems and applications by
our employees. Our employees are trained to understand these
requirements. We also have a set of IT security standards and
closely monitor their operation to protect our systems and
information.
We
maintain a global system for the control and reporting of access to
our critical IT systems. This is supported by an annual programme
of testing of access controls.
Hardware
that runs and manages core operating data is fully backed up with
separate contingency systems to provide real time back-up
operations should they ever be required.
We have
standardised ways of hosting information on our public websites and
have systems in place to monitor compliance with appropriate
privacy laws and regulations, and with our own
policies.
|
|
BUSINESS TRANSFORMATION
Successful
execution of business transformation projects is key to delivering
their intended business benefits and avoiding disruption to other
business activities.
Unilever
is continually engaged in major change projects, including
acquisitions, disposals and organisational transformation, to drive
continuous improvement in our business and to strengthen our
portfolio and capabilities.
Failure
to execute such transactions or change projects successfully could
result in under-delivery of the expected benefits. Furthermore,
disruption may be caused in other parts of the
business.
|
All
acquisitions, disposals and global restructuring projects are
sponsored by a member of the Unilever Leadership Executive. Regular
progress updates are provided to the Unilever Leadership
Executive.
Sound
project disciplines are used in all acquisitions, disposals and
organisational transformation projects and these projects are
resourced by dedicated and appropriately qualified
personnel.
Unilever
also monitors the volume of change programmes under way in an
effort to stagger the impact on current operations and to ensure
minimal disruption.
|
|
ECONOMIC AND POLITICAL INSTABILITY
Unilever
operates around the globe and is exposed to economic and political
instability that may reduce consumer demand for our products,
disrupt sales operations and/or impact the profitability of our
operations.
Adverse
economic conditions may affect one or more countries within a
region, or may extend globally.
Government
actions such as foreign exchange or price controls can impact on
the growth and profitability of our local operations.
In
2016, more than half of Unilever’s turnover came from
emerging markets which can offer greater growth opportunities but
also expose Unilever to related economic and political
volatility.
|
The
breadth of Unilever’s portfolio and our geographic reach help
to mitigate our exposure to any particular localised risk. Our
flexible business model allows us to adapt our portfolio and
respond quickly to develop new offerings that suit consumers’
and customers’ changing needs during economic
downturns.
We
regularly update our forecast of business results and cash flows
and, where necessary, rebalance investment priorities.
We
believe that many years of exposure to emerging markets have given
us experience of operating and developing our business successfully
during periods of economic and political volatility.
|
|
TREASURY AND PENSIONS
Unilever
is exposed to a variety of external financial risks in relation to
Treasury and Pensions.
The
relative values of currencies can fluctuate widely and could have a
significant impact on business results. Further, because Unilever
consolidates its financial statements in euros it is subject to
exchange risks associated with the translation of the underlying
net assets and earnings of its foreign subsidiaries.
We are
also subject to the imposition of exchange controls by individual
countries which could limit our ability to import materials paid in
foreign currency or to remit dividends to the parent
company.
Unilever
may face liquidity risk, ie difficulty in meeting its obligations,
associated with its financial liabilities. A material and sustained
shortfall in our cash flow could undermine Unilever’s credit
rating, impair investor confidence and also restrict
Unilever’s ability to raise funds.
We are
exposed to market interest rate fluctuations on our floating rate
debt. Increases in benchmark interest rates could increase the
interest cost of our floating rate debt and increase the cost of
future borrowings.
In
times of financial market volatility, we are also potentially
exposed to counter-party risks with banks, suppliers and
customers.
Certain
businesses have defined benefit pension plans, most now closed to
new employees, which are exposed to movements in interest rates,
fluctuating values of underlying investments and increased life
expectancy. Changes in any or all of these inputs could potentially
increase the cost to Unilever of funding the schemes and therefore
have an adverse impact on profitability and cash flow.
|
Currency
exposures are managed within prescribed limits and by the use of
forward foreign exchange contracts. Further, operating companies
borrow in local currency except where inhibited by local
regulations, lack of local liquidity or local market conditions. We
also hedge some of our exposures through the use of foreign
currency borrowing or forward exchange contracts.
Our
interest rate management approach aims to achieve an optimal
balance between fixed and floating rate interest exposures on
expected net debt.
We seek
to manage our liquidity requirements by maintaining access to
global debt markets through short-term and long-term debt
programmes. In addition, we have high committed credit facilities
for general corporate purposes.
Group
treasury regularly monitors exposure to our banks, tightening
counter-party limits where appropriate. Unilever actively manages
its banking exposures on a daily basis.
We
regularly assess and monitor counter-party risk in our customers
and take appropriate action to manage our exposures.
Our
pension investment standards require us to invest across a range of
equities, bonds, property, alternative assets and cash such that
the failure of any single investment will not have a material
impact on the overall value of assets.
The
majority of our assets, including those held in our
‘pooled’ investment vehicle, Univest, are managed by
external fund managers and are regularly monitored by pension
trustees and central pensions and investment teams.
Further
information on financial instruments and capital and treasury risk
management is included in note 16 on pages 115 to 120.
|
|
ETHICAL
Acting
in an ethical manner, consistent with the expectations of
customers, consumers and other stakeholders, is essential for the
protection of the reputation of Unilever and its
brands.
Unilever’s
brands and reputation are valuable assets and the way in which we
operate, contribute to society and engage with the world around us
is always under scrutiny both internally and
externally.
Despite
the commitment of Unilever to ethical business and the steps we
take to adhere to this commitment, there remains a risk that
activities or events cause us to fall short of our desired
standard, resulting in damage to Unilever’s corporate
reputation and business results.
|
Our
Code of Business Principles and our Code Policies govern the
behaviour of our employees, suppliers, distributors and other third
parties who work with us.
Our
processes for identifying and resolving breaches of our Code of
Business Principles and our Code Policies are clearly defined and
regularly communicated throughout Unilever. Data relating to such
breaches is reviewed by the Unilever Leadership Executive and by
relevant Board Committees and helps to determine the allocation of
resources for future policy development, process improvement,
training and awareness initiatives.
|
|
LEGAL AND REGULATORY
Compliance
with laws and regulations is an essential part of
Unilever’s
business operations.
Unilever
is subject to national and regional laws and regulations in such
diverse areas as product safety, product claims, trademarks,
copyright, patents, competition, employee health and safety, the
environment, corporate governance, listing and disclosure,
employment and taxes.
Failure
to comply with laws and regulations could expose Unilever to civil
and/or criminal actions leading to damages, fines and criminal
sanctions against us and/or our employees with possible
consequences for our corporate reputation.
Changes
to laws and regulations could have a material impact on the cost of
doing business. Tax, in particular, is a complex area where laws
and their interpretation are changing regularly, leading to the
risk of unexpected tax exposures. International tax reform remains
a key focus of attention with the OECD’s Base Erosion &
Profit Shifting project and further potential tax reform in the EU
and the United States.
|
Unilever
is committed to complying with the laws and regulations of the
countries in which we operate. In specialist areas the relevant
teams at global, regional or local levels are responsible for
setting detailed standards and ensuring that all employees are
aware of and comply with regulations and laws specific and relevant
to their roles.
Our
legal and regulatory specialists are heavily involved in monitoring
and reviewing our practices to provide reasonable assurance that we
remain aware of and in line with all relevant laws and legal
obligations.
Our
Global Tax Principles provide overarching governance and we have a
Tax Risk Framework in place which sets out the controls established
to assess and monitor tax risk for direct and indirect taxes. We
monitor proposed changes in taxation legislation and ensure these
are taken into account when we consider our future business
plans.
|
|
Related party balances
|
€ million
2016
|
€ million
2015
|
|
Trading and other balances due from joint ventures
|
115
|
116
|
|
Trading and other balances due from/(to) associates
|
-
|
-
|
|
Name
|
Function
|
|
Marijn
Dekkers
Ann
Fudge
Paul
Polman
Graeme
Pitkethly
Nils
Andersen
Laura
Cha
Vittorio
Colao
Louise
Fresco
Judith
Hartmann
Mary
Ma
Strive
Masiyiwa
Youngme
Moon
John
Rishton
Feike
Sijbesma
|
Chairman
Vice-Chairman
and Senior Independent Director
Chief
Executive Officer
Chief
Financial Officer
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
Non-Executive
Director
|