Within the newest occasion of the Saba saga, Edinburgh Worldwide – one of many seven boards referred to as out by the US activist investor in December – launched a discover right this moment (3 January) stating: “On evaluation of the documentation, together with the corporate’s registrars, it was found that Saba’s nominee was not the registered holder of enough shares on the date the requisition discover was served for the requisition discover to be a sound request in accordance with Part 303 of the Firms Act 2006.”
In consequence, the chair of Edinburgh Worldwide, Jonathan Simpson Dent has notified Saba of …
