London, UK — September 18, 2023 Clarivate Plc – (NYSE: CLVT) (the “Company” or “Clarivate”), a global leader in connecting people and organizations to intelligence they can trust, today announced that its Board of Directors unanimously approved the termination of the Company’s tax benefits preservation plan (the “Tax Benefits Preservation Plan”), which was originally put in place in December 2022 and was set to expire October 31, 2023, was designed to protect the availability of Clarivate’s U.S. net operating loss carryforwards and certain other U.S. tax attributes. The Tax Benefits Preservation Plan will expire as of end of day October 1, 2023.
Clarivate™ is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Our subscription and technology-based solutions are coupled with deep domain expertise and cover the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit clarivate.com.
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Investor Relations Contact:
Mark Donohue, Vice President, Investor Relations
Amy Bourke-Waite, Senior Director, Corporate Communications