NO TO GOING DUTCH
on Unilever’s shares being listed on the London Stock Exchange. Iain Richards, its head of responsible investment, said: “Given the potential implications and need for 75% approval, they need to do more to convince UK shareholders of the merits of the move.” Anglo-Dutch Unilever picked Rotterdam over London as its new legal headquarters. One of Marmite-maker Unilever’s biggest shareholders has blasted plans to ditch its UK headquarters.
Columbia Threadneedle slammed Unilever’s “lack of engagement” with investors before it announced last week the proposal to have just one corporate base in Holland.
The investor, Unilever’s ninth largest shareholder with a 1.29% stake worth £1.3billion, highlighted the potential impact