Clarivate Announces Conversion Date and Conversion Rate for Series A Mandatory Convertible Preferred Shares

Company Announcement - Clarivate Plc announced that its 5.25% Series A Mandatory Convertible Preferred Shares will automatically convert into ordinary shares on June 3, 2024, at a conversion rate of 3.8462 ordinary shares per Preferred Share [1] - Holders of record as of May 15, 2024, will receive a final quarterly cash dividend of $1.3125 per Preferred Share on the conversion date [2] Company Overview - Clarivate is a leading global provider of transformative intelligence, offering enriched data, insights, analytics, workflow solutions, and expert services across various sectors including Academia & Government, Intellectual Property, and Life Sciences & Healthcare [4]