NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Unilever PLC was notified on 12 December 2013 that on 11 December 2013 either dividend equivalents or dividends earned were reinvested as additional shares under the Unilever Global Share Incentive Plan 2007 (GSIP), the Unilever Management Co Investment Plan (MCIP), the Senior Executive Retirement Arrangement (SERA), the Unilever North America 2002 Omnibus Equity Compensation Plan Global Share Incentive Program, Management Co-Investment Program and the Before-Tax Share Bonus Program. These additional shares were based on the London Stock Exchange closing price of £24.24 or the New York Stock Exchange closing price of $39.86 (as appropriate) on 11 December 2013.
Unilever Global Share Incentive Plan 2007 (GSIP)
Dividend equivalents earned on GSIP conditional target shares were reinvested as additional GSIP conditional shares, which will be subject to the same performance conditions as the underlying GSIP target shares. The dividend equivalents reinvested were as follows:
Mr D A Baillie (PDMR) - 451 Ordinary 3 1/9 pence shares |
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Professor G Berger (PDMR) - 392 Ordinary 3 1/9 pence shares |
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Mr D Blanchard (PDMR) - 247 Ordinary 3 1/9 pence shares |
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Mr K Havelock (PDMR) - 341 Ordinary 3 1/9 pence shares |
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Mr J-M Huët (Director) - 972 Ordinary 3 1/9 pence shares |
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Mr K Kruythoff (PDMR) - 259 Ordinary 3 1/9 pence shares |
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Mr D Lewis (PDMR) - 371 Ordinary 3 1/9 pence shares |
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Mr H Manwani (PDMR) - 483 Ordinary 3 1/9 pence shares |
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Mr N Paranjpe (PDMR) - 101 Ordinary 3 1/9 pence shares |
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Mr P G J M Polman (Director) - 1,400 Ordinary 3 1/9 pence shares |
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Mr A Saint-Affrique (PDMR) - 292 Ordinary 3 1/9 pence shares |
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Mr P L Sigismondi (PDMR) - 441 Ordinary 3 1/9 pence shares |
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Ms R Sotamaa (PDMR) - 63 Ordinary 3 1-9 pence shares |
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Mr K C F Weed (PDMR) - 340 Ordinary 3 1/9 pence shares |
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Mr J Zijderveld (PDMR) - 398 Ordinary 3 1/9 pence shares |
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The above transactions were carried out in the UK. |
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Unilever Management Co Investment Plan (MCIP)
Dividend equivalents earned on MCIP Match Shares were reinvested as additional MCIP Match Shares, which will be subject to the same performance conditions as the underlying MCIP Match Shares. Based on an MCIP Match of 100%, the dividend equivalents reinvested were as follows:
Mr D A Baillie (PDMR) - 199 Ordinary 3 1/9 pence shares |
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Professor G Berger (PDMR) - 131 Ordinary 3 1/9 pence shares |
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Mr D Blanchard (PDMR) - 114 Ordinary 3 1/9 pence shares |
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Mr K Havelock (PDMR) - 159 Ordinary 3 1/9 pence shares |
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Mr J-M Huët (Director) - 96 Ordinary 3 1/9 pence shares |
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Mr K Kruythoff (PDMR) - 76 Ordinary 3 1/9 pence shares |
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Mr D Lewis (PDMR) - 190 Ordinary 3 1/9 pence shares |
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Mr H Manwani (PDMR) - 271 Ordinary 3 1/9 pence shares |
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Mr P G J M Polman (Director) - 444 Ordinary 3 1/9 pence shares |
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Mr A Saint-Affrique (PDMR) - 131 Ordinary 3 1/9 pence shares |
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Mr P L Sigismondi (PDMR) - 184 Ordinary 3 1/9 pence shares |
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Mr K C F Weed (PDMR) - 193 Ordinary 3 1/9 pence shares |
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Mr J Zijderveld (PDMR) - 205 Ordinary 3 1/9 pence shares |
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The above transactions were carried out in the UK. |
Unilever Management Co Investment Plan (MCIP)
Dividends earned on MCIP Investment Shares were as follows:
Mr D Blanchard (PDMR) - 96 Ordinary 3 1/9 pence shares |
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Mr K Havelock (PDMR) - 133 Ordinary 3 1/9 pence shares |
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Mr D Lewis (PDMR) - 160 Ordinary 3 1/9 pence shares |
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Mr P G J M Polman (Director) - 477 Ordinary 3 1/9 pence shares |
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Mr A Saint-Affrique (PDMR) - 110 Ordinary 3 1/9 pence shares |
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Mr P L Sigismondi (PDMR) - 155 Ordinary 3 1/9 pence shares |
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Mr K C F Weed (PDMR) - 162 Ordinary 3 1/9 pence shares |
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Mr J Zijderveld (PDMR) - 172 Ordinary 3 1/9 pence shares |
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The above transactions were carried out in the UK.
Unilever North America 2002 Omnibus Equity Compensation Plan
Dividend equivalents earned on North America 2002 Omnibus Equity Compensation Plan Global Share Incentive Program, Management Co-Investment Program and the Before Tax Share Bonus target shares were reinvested as additional North America 2002 Omnibus Equity Compensation Plan shares. The dividend equivalents reinvested were as follows:
Global Share Incentive Program
Dividend equivalents earned on GSIP conditional target shares were reinvested as additional GSIP conditional shares, which will be subject to the same performance conditions as the underlying GSIP target shares. The dividend equivalents reinvested were as follows:
Mr A Jope (PDMR) - 416 American Depositary Receipts each representing 1 Ordinary 3 1/9 pence share |
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The above transaction was carried out in the USA.
Management Co-Investment Program
Dividend equivalents earned on MCIP conditional target shares were reinvested as additional MCIP conditional shares, which will be subject to the same performance conditions as the underlying MCIP target shares. Based on an MCIP Match of 100%, the dividend equivalents reinvested were as follows:
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Mr A Jope (PDMR) - 139 American Depositary Receipts each representing 1 Ordinary 3 1/9 pence share |
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The above transaction was carried out in the USA
Unilever Before-Tax Share Bonus Program
Dividend equivalents earned on shares in the Share Bonus Program were reinvested and will be distributed in July of the calendar year after the year of retirement or termination. There are no performance conditions associated with receiving these dividends. The dividend equivalents reinvested were as follows:
Mr A Jope (PDMR) - 44 American Depositary Receipts each representing 1 Ordinary 3 1/9 pence share |
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The above transaction was carried out in the USA. |
Reinvestment of dividend on beneficially owned shares
Dividends were earned on shares beneficially owned, and reinvested as follows:
Mr D Blanchard (PDMR) - 50 Ordinary 3 1/9 pence shares |
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Mr K Havelock (PDMR) - 110 Ordinary 3 1/9 pence shares |
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Mr D Lewis (PDMR) - 508 Ordinary 3 1/9 pence shares |
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Mr N Paranjpe (PDMR) - 117 Ordinary 3 1/9 pence shares |
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Mr P G J M Polman (Director) - 2,099 Ordinary 3 1/9 pence shares |
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Mr A Saint-Affrique (PDMR) - 221 Ordinary 3 1/9 pence shares |
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Mr P L Sigismondi (PDMR) - 177 Ordinary 3 1/9 pence shares |
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Mr K C F Weed (PDMR) - 314 Ordinary 3 1/9 pence shares |
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Mr J Zijderveld (PDMR) - 595 Ordinary 3 1/9 pence shares |
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The above transactions were carried out in the UK. |
Senior Executive Retirement Arrangement (SERA)
Dividends earned were reinvested as additional shares under the Senior Executive Retirement Arrangement (SERA) and reinvested as follows:
Mr K Havelock (PDMR) - 280 Ordinary 3 1/9 pence shares |
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Mr K C F Weed (PDMR) - 475 Ordinary 3 1/9 pence shares |
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The above transactions were carried out in the UK. |
Unilever PLC announces that on 11 December 2013 it granted to Ms R Sotamaa (PDMR) in pursuance of her employment agreement 6,109 phantom shares of 3 1/9p each in Unilever PLC (by reference to a share price of £24.24, this being the price at the close of market on 11 December 2013). No consideration is payable for the grant of such phantom shares.
These phantom shares will vest on 29 July 2016 having been based on (i) the performance of the company, measured by means of the outcome of parameters usually set for senior Unilever executives for underlying sales growth, core operating margin improvement, cumulative operating cash flow and relative total shareholder return for years 2013, 2014 and 2015, (ii) dividend equivalents accrued on the phantom shares during the performance period and (iii) the PLC share price on vesting.
Upon vesting Ms Sotamaa will have the choice to acquire the underlying PLC shares or to receive the cash equivalent.
The above transaction was carried out in the UK.
This announcement is made following notifications under Disclosure and Transparency rule 3.1.4(R)(1)(a).
Name of contact and telephone number for queries:
SAMANTHA HOOD - +44(0)207 822 5928
Name of authorised official of issuer responsible for making notification:
TONIA LOVELL - GROUP SECRETARY
12 December 2013