Unilever PLC Revises Demerger and Share Consolidation Timetable

Unilever PLC announced a revision to the timetable for the demerger of The Magnum Ice Cream Company N.V. due to the ongoing US federal government shutdown. The US Securities and Exchange Commission is currently unable to declare effective the US registration statement required for The Magnum Ice Cream Company N.V. shares to be admitted to listing and trading on the New York Stock Exchange. Despite this delay, Unilever remains committed to implementing the demerger in 2025. The general meeting of Unilever shareholders to vote on the proposed consolidation of Unilever’s share capital will proceed as scheduled, although the timetable for implementation will also be revised. Further updates on the revised timetable will be provided as soon as practicable.