Wise PLC Class A (GB:WISE) has released an update.
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Wise PLC has announced its total voting rights and share capital, revealing that it has over 1 billion Class A shares and nearly 400 million Class B shares, with a combined total of over 3.2 billion voting rights. Importantly, the company has implemented a voting cap on Kristo Käärmann, the CEO, ensuring his voting rights remain below 50% while he is CEO, and would drop below 35% if he were not. After this cap is applied, the total exercisable voting rights in the company amount to approximately 2.7 billion.
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