REG - Edinburgh Worldwide - Circ re. Glass Lewis recommends vote against Saba

Edinburgh Worldwide Investment TrustAnnouncement

09/01/2026 07:00

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RNS Number : 2474O  Edinburgh Worldwide Inv Trust PLC  09 January 2026

RNS ANNOUNCEMENT

09 January 2026

 

PROTECT YOUR INVESTMENT

PROTECT YOUR TRUST

VOTE TO STOP SABA

 

Glass Lewis, a leading global provider of independent corporate governance
research, recommends shareholders to vote AGAINST Saba's proposals

 

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

 

Glass Lewis 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 and follows the decision of ISS, which also
recommended that shareholders vote against ALL of Saba's proposals.

 

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide commented: "We are pleased
to note the conclusions of Glass Lewis and ISS who both recommend that
shareholders vote against all of Saba's resolutions. We are also pleased to
see Legal & General plc come out to publicly support the Board and its
intention to vote against all of Saba's proposals.

 

"I look forward to answering shareholder questions in a live Q&A which is
open to everyone, including media, later today."

 

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 GMT on 9 January 2026

 

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 at
2pm GMT today.

 

All participants will be able to submit questions via the Investor Meet
Company dashboard during the live session.

 

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)

 

 

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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