LONDON, July 16, 2021 /PRNewswire/ -- Clarivate
Plc (NYSE:CLVT; CLVT PR A), a global leader in
providing trusted information and insights to accelerate the pace
of innovation, today announced that its board of directors declared
a quarterly dividend of approximately $1.12 per share on its 5.25% Series A Mandatory
Convertible Preferred Shares, payable on September 1, 2021 to shareholders of record at
the close of business on August 15,
2021. As permitted by the Statement of Rights governing its
5.25% Series A Mandatory Convertible Preferred Shares, such
dividend will be payable solely by delivery of ordinary shares
(other than cash in lieu of any fractional ordinary share). The
number of ordinary shares deliverable in respect of such dividend
will be determined based on the average volume-weighted average
price per ordinary shares over the five consecutive trading day
period ending on, and including, the trading day prior to
September 1, 2021.
Forward-Looking Statements
This communication contains "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995.
These statements, which express management's current views
concerning future business, events, trends, contingencies,
financial performance, or financial condition, appear at various
places in this communication and may use words like "aim,"
"anticipate," "assume," "believe," "continue," "could," "estimate,"
"expect," "forecast," "future," "goal," "intend," "likely," "may,"
"might," "plan," "potential," "predict," "project," "see," "seek,"
"should," "strategy," "strive," "target," "will," and "would" and
similar expressions, and variations or negatives of these words.
Examples of forward-looking statements include, among others,
statements we make regarding: guidance outlook and predictions
relating to expected operating results, such as revenue growth and
earnings; strategic actions such as acquisitions, joint ventures,
and dispositions, including the anticipated benefits therefrom, and
our success in integrating acquired businesses; anticipated levels
of capital expenditures in future periods; our ability to
successfully realize cost savings initiatives and transition
services expenses; our belief that we have sufficiently liquidity
to fund our ongoing business operations; expectations of the effect
on our financial condition of claims, litigation, environmental
costs, the COVID-19 pandemic and governmental responses thereto,
contingent liabilities, and governmental and regulatory
investigations and proceedings; and our strategy for customer
retention, growth, product development, market position, financial
results, and reserves. Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are based only on management's current beliefs, expectations,
and assumptions regarding the future of our business, future plans
and strategies, projections, anticipated events and trends, the
economy, and other future conditions. Because forward-looking
statements relate to the future, they are difficult to predict and
many of which are outside of our control. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include those factors discussed under the caption "Risk Factors" in
our most recent annual report on Form 10-K, as amended, along with
our other filings with the U.S. Securities and Exchange Commission
("SEC"). However, those factors should not be considered to be a
complete statement of all potential risks and uncertainties.
Additional risks and uncertainties not known to us or that we
currently deem immaterial may also impair our business operations.
Forward-looking statements are based only on information currently
available to our management and speak only as of the date of this
communication. We do not assume any obligation to publicly provide
revisions or updates to any forward-looking statements, whether as
a result of new information, future developments or otherwise,
should circumstances change, except as otherwise required by
securities and other applicable laws. Please consult our public
filings with the SEC or on our website at
www.clarivate.com.
About Clarivate
Clarivate™ is a global leader in providing solutions to
accelerate the lifecycle of innovation. Our bold mission is to help
customers solve some of the world's most complex problems by
providing actionable information and insights that reduce the time
from new ideas to life-changing inventions in the areas of science
and intellectual property. We help customers discover, protect and
commercialize their inventions using our trusted subscription and
technology-based solutions coupled with deep domain
expertise. For more information, please visit
clarivate.com.
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