Unilever PLC Director/PDMR Shareholding (0675M)
July 25 2017 - 10:41AM
UK Regulatory
TIDMULVR
RNS Number : 0675M
Unilever PLC
25 July 2017
Unilever PLC
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------
a) Name Keith Weed
--- ------------------------- -------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------
a) Position/status Chief Marketing & Communications
Officer (a member of the Unilever
Leadership Executive ("ULE"))
--- ------------------------- -------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -------------------------------------------
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 Unilever PLC ordinary 3 1/9 pence
instrument, type shares
of instrument
GB00B10RZP78
Identification
code
--- ------------------------- -------------------------------------------
b) Nature of the Exercise of right (for nil consideration)
transaction to acquire up to 26,016 Unilever
PLC Ordinary shares of 3 1/9p
each ("Shares"), together with
additional Shares in satisfaction
of dividend equivalents, on 30
July 2017 (or nearest trading
day thereafter), relating to vested
entitlements held pursuant to
the Unilever Global Share Incentive
Plan 2007.
As announced on 31 July 2012,
Unilever PLC restructured the
reward packages of a small group
of long standing UK employees.
As part of this restructuring,
Unilever PLC agreed with Keith
Weed (PDMR) to replace his contractual
entitlement to pension benefits
with a right to receive Shares
under the Unilever Global Share
Incentive Plan 2007 (the "Award"),
as detailed within that announcement
on 31 July 2012. Under the terms
of the Award, provided the scheduled
"Share Distribution Date" has
occurred, Mr Weed has the right
to determine when Shares will
be delivered to him (within certain
parameters). Mr Weed has requested
that those Shares, for which the
relevant "Share Distribution Dates"
have occurred (being over 26,016
Shares), be settled on 30 July
2017 (or nearest trading day thereafter).
Unilever PLC intends to deliver
such Shares to Mr Weed on 31 July
2017, adjusted to include Shares
in satisfaction of dividend equivalent
entitlements payable in connection
with the Award and less sufficient
Shares withheld to cover tax liabilities.
--- ------------------------- -------------------------------------------
c) Currency GBP - British Pound
--- ------------------------- -------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.00 26,016
---------- ----------
--- ------------------------- -------------------------------------------
e) Aggregated information
- Volume 26,016
- Total GBP0.00
--- ------------------------- -------------------------------------------
f) Date of the transaction 2017-07-20
--- ------------------------- -------------------------------------------
g) Place of the transaction Outside a trading venue
--- ------------------------- -------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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