PLC ADRs

PLC ADRs

Unilever PLC New York/American depository receipts share information: 

What is an ADR?

An American Depositary Receipt or ADR is a negotiable instrument that represents ownership in securities of a non-U.S. company; it is a mechanism that facilitates U.S. trading of non-U.S. securities. ADRs provide U.S. investors with a convenient way to invest in overseas securities. ADRs are issued by a depositary bank and are traded in the same manner as shares in U.S. companies on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), Nasdaq and the over-the-counter (OTC) market.

Where do Unilever PLC ADRs trade & what is the symbol?

Unilever PLC ADRs trade on the NYSE, symbol UL.

Which depositary bank issues ADRs?

Citibank, N.A.

What are the benefits of holding ADRs?

ADRs eliminate many of the obstacles of holding non-U.S. securities since they trade and settle according to U.S. market practices; are quoted and traded in dollars and pay dividends in dollars; eliminate custodian safekeeping charges in the issuer's home country; facilitate prompt dividend payments and corporate action notifications.

What are the benefits to issuers of having an ADR programme?

For non-US issuers, an ADR programme can stimulate investor interest, broaden a company's shareholder base and raise a company's visibility in the US.

What is an ADS?

A share, evidenced by an ADR, that represents a specified number of underlying shares held in custody in the issuer's home market. The terms ADR and ADS are often used interchangeably.

What is an ADR ratio?

The number of underlying shares represented by one American depositary receipt (ADR). The ratio is typically depicted as, for example, 3:1, or one ADR representing three underlying shares.

What is Unilever's ADR ratio?

Unilever's ratio is 1:1, i.e. one ADR represents one underlying Unilever PLC share.

What are my rights as to an ADR holder?

ADR holders are generally entitled to the same rights as the underlying shareholders, subject to the terms specified on the ADR certificate.

When is the next AGM?

Information on our annual general meeting is available by clicking on the 'AGM & voting' link within the related links box at the bottom of this page.

Is it possible to vote by written proxy at the next AGM?

Yes, you will receive a proxy form with the Notice of the Meeting and the Annual Report if appropriate about five weeks in advance of the meeting.

In what currency do I receive dividends for ADRs?

Dividends are paid in U.S. dollars.

When will the Unilever ADR dividends be paid?

These are usually paid in March, June, September and December.

Can I have my dividends directly deposited?

Yes, through Citibank's 'International Direct Investment Plan', you can automatically request the direct deposit of your dividends.

How do I know when Unilever's dividends are paid?

This information is given in the Financial Calendar within the Investor Centre section of this website. Alternatively, you can call Citibank Shareholder Services.

How can I obtain information about Unilever's corporate actions, including dividends & proxies?

Please call Citibank Shareholder Services.

How do I convert my underlying shares into ADRs?

You can transfer your underlying shares to Citibank's custodian bank in the issuer's home country. On receipt of the underlying shares, Citibank will issue ADRs representing the newly deposited shares to you.

How do I convert my ADRs into underlying shares?

Instruct your broker to cancel the ADRs, and provide him or her with complete delivery instructions in the issuer's home country.

How can I buy or sell Unilever's ADRs?

You can buy or sell ADRs through a broker or through Citibank's 'International Direct Investment Plan'.

Where should I keep my ADR certificates?

In view of the value of your certificates and the expense associated with replacing lost certificates, you should keep them in a safe-deposit box or other secure place. Certificates are negotiable documents and should be signed only in the event of a sale or transfer of ownership. 

What should I do if I lose an ADR certificate?

If your certificate is lost, stolen, or destroyed, notify Citibank Shareholder Services immediately.

How do I change my address?

Call Citibank Shareholder Services when you move so that your account records can be updated.

Citibank Shareholder Services
PO Box 43077
Providence, RI 02940-3077
Telephone  888 502 6356 (US only)
Telephone  +1 781 575 4555 (outside US)
http://www.citi.com/dr(Link opens in a new window)

Citibank Shareholder Services can be contacted between 8:30 a.m. and 5:00 p.m. eastern standard time. If you have any questions or require additional information, call Citibank Shareholder Services at the numbers above, or send an e-mail to citibank@shareholders-online.com