Clarivate announces conversion date and conversion rate for series a mandatory convertible preferred shares

London , may 30, 2024 /prnewswire/ -- clarivate plc (nyse: clvt; clvt pr a) ("clarivate"), a leading global provider of transformative intelligence, announced today that its 5.25% series a mandatory convertible preferred shares (the "preferred shares"), will automatically and mandatorily convert into ordinary shares of clarivate on june 3, 2024 (the "conversion date"). the mandatory conversion rate for each preferred share will be 3.8462 ordinary shares of clarivate.
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