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Wise PLC Updates on Voting Rights and Capital Structure

Story Highlights
  • Wise PLC has over 3.2 billion total voting rights from Class A and B shares.
  • CEO Kristo Käärmann’s voting power is capped under 50%, affecting total exercisable rights.
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Wise PLC Updates on Voting Rights and Capital Structure

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

Wise PLC has announced updates to its total voting rights and capital structure. The company’s issued share capital consists of over 1 billion Class A ordinary shares and nearly 399 million Class B shares, resulting in an aggregate of over 3.2 billion voting rights. Kristo Käärmann holds a majority of these rights, but his voting power is capped to ensure it remains under 50%, in line with company policy. This adjustment impacts shareholders by altering the exercisable voting rights to approximately 2.7 billion.

More about Wise PLC Class A

Average Trading Volume: 1,751,683

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £15.18B

For detailed information about WISE stock, go to TipRanks’ Stock Analysis page.

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