RCS - Saba Capital Mgmt. - SABA COMMENTS ON HERALD INVESTMENT TRUST

Herald Investment TrustAnnouncement

07/05/2026 08:15

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RNS Number : 3474D  Saba Capital Management L.P  07 May 2026

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SABA COMMENTS ON HERALD INVESTMENT TRUST

 

 

Saba Capital Secures Major Liquidity Win for Herald Investment Trust
Shareholders, Marking Sixth Successful Outcome of Seven Original UK Campaigns

 

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba"
or "we"), the largest shareholder of Herald Investment Trust PLC (HRI:LSE)
("HRI" or the "Company"), today announced that its engagement has delivered a
landmark outcome for HRI shareholders. Following Saba's negotiations with the
Board, the Company has announced a tender offer for up to 66 percent of its
issued share capital.

 

The full announcement can be found here
(https://sabacapital.s3.us-west-1.amazonaws.com/Saba-HRI+Statement+(May+7+2026).pdf)
. The terms of the accompanying disclaimer at the end of the full announcement
(https://sabacapital.s3.us-west-1.amazonaws.com/Saba-HRI+Statement+(May+7+2026).pdf)
are included by reference into this announcement and should be noted.

 

About Saba

 

Saba Capital Management, L.P. is a global alternative asset management firm
that seeks to deliver superior risk-adjusted returns for a diverse group of
clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit
relative value strategies and capital structure arbitrage. Saba has offices in
New York City and London. Learn more at www.sabacapital.com
(http://www.sabacapital.com) .

 

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