RCS - Saba Capital Mgmt. - SABA NOMINEES ELECTED TO IEM BOARD
RNS Number : 7104ISaba Capital Management L.P17 June 2026NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
SABA NOMINEES ELECTED TO IEM BOARD
Impax Environmental Markets PLC Shareholders Vote to Elect Saba Capital's Independent Nominees to the Company's Board of Directors
Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), the largest shareholder of Impax Environmental Markets PLC (IEM:LSE) ("IEM" or the "Company"), today issued a statement regarding the outcome of the Company's Requisitioned General Meeting held on 17 June 2026.
At the Requisitioned General Meeting, shareholders voted to elect all of Saba's independent nominees - Caroline Bault, Steven Grey, Jason Chen and Aaron Morris - to the Company's Board and to remove the incumbent directors. As disclosed by the Company, approximately 71% of votes cast were in favour of Saba's proposed director nominees.
The full announcement can be found here. The terms of the accompanying disclaimer at the end of the full announcement 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.
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