tiprankstipranks
Wise PLC CEO Holds Majority Voting Rights
Company Announcements

Wise PLC CEO Holds Majority Voting Rights

Wise PLC Class A (GB:WISE) has released an update.

Don't Miss our Black Friday Offers:

Wise PLC has announced changes in its total voting rights and capital structure, revealing that its CEO, Kristo Käärmann, now holds over 50% of the total voting rights. However, his influence is limited by a cap in the company’s articles of association, ensuring his vote does not exceed 49.99% of the total while he is CEO. The update also noted a significant reduction in voting rights for Class B shares, adjusting the total exercisable voting rights across both Class A and Class B shares to just under 3 billion.

For further insights into GB:WISE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskWise PLC Executives Sell Significant Shares
TipRanks UK Auto-Generated NewsdeskWise PLC Reports Robust Growth Amid Infrastructure Expansion
TipRanks UK Auto-Generated NewsdeskWise PLC Announces Voting Rights and Shareholder Structure
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App