Edinburgh Worldwide Shareholders Reject Saba Resolutions
The retailer's shareholders have voted to reject proposals from an activist investor, maintaining the current board of directors.
The retailer's shareholders have voted to reject proposals from an activist investor, maintaining the current board of directors.
This investment trust reported strong annual results, with significant growth in NAV and share price, outperforming its benchmark. Strategic initiatives and reduced gearing have contributed to its solid performance.
The activist investor Saba has requisitioned a general meeting at the Edinburgh Worldwide Investment Trust to vote on appointing its own directors to the board, in a move that could see the trust's investment strategy changed.
The investment trust is facing a shareholder battle as a US hedge fund attempts to take control of the company.
The investment trust has updated its net asset value and adjusted the valuation of its SpaceX holding.
The investment trust has disclosed a change in its major shareholdings, as required by regulation.
The investment trust has announced changes to its major shareholders.
The investment trust responds to an open letter from Saba Capital, stating it is disappointed by the letter and will seek further dialogue with the shareholder.
The investment trust reports changes to major shareholdings, with no immediate impact on operations or financial performance.
The investment trust has received a notification of a change in major shareholding, with Barclays PLC now holding over 6% of the voting rights.