Wolters Kluwer Takes Significant Steps Towards Capital Efficiency

Wolters Kluwer Completes Capital Reduction

Wolters Kluwer is pleased to announce the successful completion of a capital reduction aimed at enhancing shareholder value and optimizing its capital structure. This process reflects the company’s commitment to improving operational efficiency and sustaining long-term growth within a competitive market.

Understanding the Capital Reduction

The recent capital reduction process has resulted in the cancellation of 10 million ordinary shares previously held in treasury. This positive development has effectively decreased the total number of issued ordinary shares from 248,516,153 to 238,516,153. Such actions not only underscore the company’s dedication to its shareholders but also reinforce its strategy of prudent capital management.

Impact on Shareholders

By reducing the overall share count, the value of each remaining share is effectively increased, benefiting existing shareholders. This capital action is pivotal in enhancing the company’s market positioning and reinforcing investor confidence in pursuing further growth opportunities.

Commitment to Compliance

In alignment with regulatory requirements, Wolters Kluwer has duly notified the Dutch Authority for the Financial Markets (AFM) regarding the changes in its issued share capital. It currently holds approximately 0.98% of the total ordinary shares, reinforcing its solid market standing and compliance dedication.

Leveraging Treasury Shares for Future Initiatives

The shares that were repurchased and canceled were initially held as treasury shares, which are strategic tools for managing capital. Wolters Kluwer may retain a portion of these treasury shares to support future obligations under share-based incentive plans. This strategic flexibility demonstrates the company’s commitment to long-term value creation.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in providing information and software solutions across diverse sectors, including healthcare, tax and accounting, legal, and compliance services. The company prides itself on delivering expert solutions that integrate technology and in-depth knowledge, assisting professionals in making critical decisions.

Global Reach and Performance

Wolters Kluwer reported impressive annual revenues totaling €5.6 billion, serving clients in over 180 countries and maintaining operations in more than 40 regions. With a dedicated workforce of approximately 21,400 employees worldwide, the company’s influence in various markets is substantial with robust growth metrics to back its strategy.

Share Listings and Investor Engagement

The shares of Wolters Kluwer are listed on Euronext Amsterdam under the ticker symbol WKL and are included in key indices such as the AEX and Euronext 100. Additionally, they have established a sponsored Level 1 American Depositary Receipt (ADR) program, enhancing access for U.S. investors through the OTC markets with the ticker WTKWY.

Company Contact Information

For inquiries, Wolters Kluwer encourages both media and investors to reach out. Media inquiries can be directed to:

• Dave Guarino: VP, Head of Global Communications, dave.guarino@wolterskluwer.com, Phone: +1 646 954 8215
• Stefan Kloet: Associate Director, Global Communications, Stefan.Kloet@wolterskluwer.com, Phone: +31 612 22 36 57

Frequently Asked Questions

What does the capital reduction involve?

The capital reduction involves the cancellation of treasury shares, decreasing the total number of issued shares while enhancing each remaining share's value.

How will this affect shareholders?

This action is expected to benefit shareholders by increasing the value of their holdings as the overall share count decreases.

What is the current total of issued shares after this reduction?

Post-reduction, the total number of issued ordinary shares stands at 238,516,153.

What is Wolters Kluwer's recent financial performance?

The company reported annual revenues of €5.6 billion, demonstrating robust financial health and significant market presence.

Where can I find more information about Wolters Kluwer?

For more details, you can visit Wolters Kluwer’s official website or their profiles on platforms like LinkedIn, Twitter, and Facebook.

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