ETFS Believes that Wisdomtree Trades at a Significant Discount to the Intrinsic Value of its Core ETF Business
2024 Annual Meeting a Referendum on the Board and Management’s Refusal to Take Steps to Unlock Value for ALL Stockholders
WisdomTree Stockholders Urged to Vote AGAINST the Re-Election of Chairman Win Neuger, Director Anthony Bossone, And CEO And Director Jonathan Steinberg on GOLD ETFS Proxy Card
Visit www.UnlockWT.com for More Information
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- ETFS Capital Limited (“ETFS Capital”), the largest combined owner of common stock, $0.01 par value (the “Common Stock”), and Series A Non-Voting Convertible Preferred Stock (the “Series A Preferred Stock”) of WisdomTree, Inc. (“WisdomTree” or the “Company”) (NYSE: WT), with ownership of approximately 10% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18% of the Company’s outstanding Common Stock on an as-converted basis, announced today that it has released a letter to its fellow WisdomTree stockholders and filed a definitive proxy statement with the Securities and Exchange Commission in connection with WisdomTree’s 2024 Annual Meeting of Stockholders, which is scheduled for June 12, 2024.
ETFS Capital’s letter to its fellow WisdomTree stockholders is attached to this release.
A copy of ETFS Capital’s letter, definitive proxy statement, and information on how to vote AGAINST on the GOLD proxy card or GOLD voting instruction form, will also be available at www.UnlockWT.com.
We urge stockholders to vote AGAINST the re-election of Win Neuger, Anthony Bossone, and Jonathan Steinberg on the GOLD ETFS proxy card, to send a clear and resounding message to the Board.
Stockholders who have question or require assistance in voting their GOLD proxy card, or need additional copies of ETFS Capital’s proxy materials, are encouraged to contact Saratoga Proxy Consulting LLC at (888) 368-0379 or (212) 257-1311 or info@saratogaproxy.com
About ETFS Capital Limited
In 2008, WisdomTree spent $611 million to acquire the European ETC business of ETF Securities Limited (now called ETFS Capital Limited) for cash and shares, becoming the largest shareholder in WisdomTree.
ETFS Capital is a London-based strategic investment company focused on growth opportunities across the ETF ecosystem. As part of its investment process, ETFS Capital receives and analyses many dozens of business ideas and proposals within the ETF ecosphere each year and conducts in-depth technical and commercial due diligence on the companies where it chooses to deploy capital. Thereafter it engages in a hands-on approach, as a partner to management teams and Boards bringing its unparalleled industry-specific expertise for the benefit of those companies.
Investor Contact:
John Ferguson
Saratoga Proxy Consulting LLC
Toll free (888) 368-0379
+1-212-257-1311
info@saratogaproxy.com
www.UnlockWT.com
Media Contact:
Dan Gagnier / Riyaz Lalani
Gagnier Communications LLC
+1-646-569-5897
ETFS@gagnierfc.com
PDF available at: http://ml.globenewswire.com/Resource/Download/834f1fbd-f21a-4069-9bb2-765abb662e46
