REG - Edinburgh Worldwide - Circ re. Adviser ISS Recommends vote against Saba

Edinburgh Worldwide Investment TrustAnnouncement

07/01/2026 09:15

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RNS Number : 9837N  Edinburgh Worldwide Inv Trust PLC  07 January 2026

RNS ANNOUNCEMENT

07 January 2026

 

PROTECT YOUR INVESTMENT

PROTECT YOUR TRUST

VOTE TO STOP SABA

 

Independent Voting Adviser ISS Recommends Shareholders Vote AGAINST Saba's
proposals

 

The Board of Edinburgh Worldwide Investment Trust plc (the "Company" OR
"EWIT") notes the publication of the voting recommendations from independent
voting adviser ISS in relation to the Company's forthcoming requisitioned
general meeting on 20 January 2026.

 

ISS has recommended that shareholders VOTE AGAINST all the Saba Resolutions
at the general meeting

 

The recommendation is in line with the unanimous recommendation of the
Company's independent Board.

 

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide commented: "For a second
time within a year, independent voting adviser ISS has recommended that
shareholders vote against ALL of Saba's resolutions. Shareholders should not
be swayed by Saba misrepresenting the facts, ignoring the significant progress
made following the implementation of the path for growth strategy and
remaining silent on their ultimate objectives. If shareholders want to prevent
this US hedge fund from taking control of the Company on the cheap, it is
critical that they vote against all of Saba's resolutions before the
opportunity for doing so closes for many next week. We strongly encourage
shareholders not to be complacent and remind everyone that Saba holds a larger
shareholding and therefore more voting power this time. Shareholders must turn
out in force in order to prevent Saba from taking control."

 

"I look forward to addressing any questions shareholders may have during a
live Q&A session on Friday, 9 January."

 

A copy of the circular setting out the reasons for the Board's recommendation
is available on a dedicated website http://www.trustewit.com
(https://protect.checkpoint.com/v2/r02/___http:/www.trustewit.com___.YXAxZTpncmVlbmJyb29rYWR2aXNvcnk6YzpvOjQ3MzNkZjQyODVlNmZlMjYzOWY3YzgyOGMwODdkMDczOjc6MTI0MTpmODVkN2RmYjI5OWU2MjZjOTc5MGNmOWQyMDIxMTU4ZmMyZTdhOGE5YTFjODllY2YyNmRjMWI4OWYyZmI3ZGVhOnA6RjpO)
as are instructions on how to vote according to platforms.

 

Q&A session with Chair at 2pm on 9 January 2026

 

As separately announced today, EWIT will be hosting a Q&A session
providing the opportunity for shareholders to ask the Chair, Jonathan
Simpson-Dent, any questions they may have in relation to EWIT and to Saba's
proposed resolutions.

 

The Company will host the live Q&A session via Investor Meet Company on
the 9 January 2026, at 2pm GMT.

 

The Q&A session is open to all existing and potential shareholders.

 

Questions can be submitted prior to the event via your Investor Meet Company
dashboard up until 5pm GMT on the 8 January 2026, or at any time during the
live presentation.

 

Shareholders can sign up to Investor Meet Company for free and register for
the Q&A session with Edinburgh Worldwide Investment Trust plc via:
https://www.investormeetcompany.com/edinburgh-worldwide-investment-trust-plc/register-investor
(https://protect.checkpoint.com/v2/r02/___https:/www.investormeetcompany.com/edinburgh-worldwide-investment-trust-plc/register-investor___.YXAxZTpncmVlbmJyb29rYWR2aXNvcnk6YzpvOmE5YjhlYTE2NWZkM2UxMzJiZTVlYjhiMjAxZDYzODg5Ojc6ZGI5ZTozZmVmOTM2ZjU4ZDBjY2NmOTI4MDViNGM3ZjZmMGY3NGQ4Y2U5NmI1OTNkZDQyODk1ODc0MjM4MWJiNTk3ODc0OnA6RjpO)

 

Shareholders who already follow Edinburgh Worldwide Investment Trust plc on
the Investor Meet Company platform will automatically be invited.

 

VOTE TO STOP SABA

THE DEADLINE FOR PROXY VOTING AT THE REQUISITIONED GENERAL MEETING IS 12 NOON
ON 17 JANUARY

PLEASE BE AWARE THAT SOME PLATFORMS HAVE DEADLINES AS EARLY AS 12 JANUARY

 

If you need further information about how to vote, please contact:

 

Shareholders: EWIT@georgeson.com OR +44 (0) 7748491929

 

General enquiries: enquiries@bailliegifford.com OR 0800 917 2113

 

For further information please contact:

 

Investors:

Deutsche Numis

Nathan Brown

Tel: +44 20 7547 0569

nathan.brown@dbnumis.com

Matt Goss

Tel: +44 20 7547 0541

matt.goss@dbnumis.com

 

Media:

Greenbrook Advisory

Rob White / Peter Hewer

+44 207 952 2000

ewit@greenbrookadvisory.com

 

Company Secretary:

Baillie Gifford & Co Limited

crtallenquiries@bailliegifford.com

Tel 0131 275 2000

 

 

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