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Investment management fee to be cut by 20bps
Saba reportedly exit
115 million shares in-specie consideration
99% in favour but just 57.2% of votes used
Shares down 5.1% since beginning of 2025
Mutual ‘standstill agreement’ during proceedings
Alternative to discontinuation vote
20% tender offer also in the pipeline
Following completion of portfolio sale
Up to 100% of issued share capital
28 May 2025
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2 min read
