Within the seventh basic assembly of Saba’s ‘Plan A’, EWI shareholders voted at present (14 February) by 63.8% to 36.2% in favour of continuation of the incumbent board.
The final assembly additionally noticed a turnout of 64.7% of shareholders, in keeping with a inventory alternate discover.
Saba Capital launches subsequent spherical of belief activism concentrating on transitions to open-ended construction
Following the outcome, chair Jonathan Simpson-Dent mentioned: “Edinburgh Worldwide’s shareholders have spoken: they’ve rejected Saba Capital’s proposal for a basically totally different technique based mostly on basically totally different princ…