Virtually two thirds (62.1%) of the votes solid had been in opposition to the resolutions, with 99.5% of non-Saba votes in favour of board continuity.
James Williams, ESCT’s chair, stated: “Right this moment’s (5 February) vote is a transparent and full rejection of Saba’s proposals and a convincing endorsement of ESCT’s confirmed funding technique, the standard of its unbiased board and the supervisor’s means to ship outperformance.”
Henderson Alternatives and CQS shareholders brush Saba apart as they vote in opposition to US hedge fund’s takeover
He continued: “Our shareholders have spoken loudly and clearly with 99….
