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

Group 1 - Clarivate Plc announced the automatic and mandatory conversion of its 5.25% Series A Mandatory Convertible Preferred Shares into ordinary shares on June 3, 2024, with 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] - Clarivate is recognized as a leading global provider of transformative intelligence, offering data, insights, analytics, and expert services across various sectors including Academia, Government, Intellectual Property, and Life Sciences [4]