Clarivate announces proposed offerings of ordinary shares and convertible preferred shares

London, june 8, 2021 /prnewswire/ -- clarivate plc (nyse: clvt), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today that it has commenced concurrent proposed offerings of $750 million of ordinary shares, alongside which certain existing shareholders intend to offer $250 million of ordinary shares (the "ordinary share offering"), and $1.25 billion of series a mandatory convertible preferred shares (the "convertible preferred shares") (the "convertible preferred share offering," and together with the ordinary share offering, the "offerings"). neither the completion of the ordinary share offering nor the convertible preferred share offering is contingent upon completion of the other.
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