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[$$] Unilever shareholders warn on HQ move to Netherlands

Attracta Mooney and Scheherazade Daneshkhu

One of Unilever’s biggest shareholders has warned of the forced selling of the consumer group’s shares as unrest grows among British investors over the decision to move its headquarters to the Netherlands. Unilever has embarked on a charm offensive among its UK shareholders, which have been alarmed by the likely ejection of the company from the FTSE 100 index that many use as a benchmark. , joint founder of Lindsell Train, a top-five shareholder with a 2.5 per cent Unilever stake, urged holders of Unilever’s UK-listed stock to “give serious consideration over the summer as to whether the proposal is in their interest”.