Brief: Saba Capital Proposes Managed Wind-Down Of Workspace Group
13/01/2026 17:38
Jan 13 (Reuters) - SABA CAPITAL: SABA CAPITAL RELEASES LETTER SENT TO WORKSPACE GROUP PLC’S BOARD OF DIRECTORS SABA : PROPOSES MANAGED WIND-DOWN OF WORKSPACE GROUP SABA: OWNS 13.5% OF WORKSPACE GROUP SHARE CAPITAL SABA: WIND-DOWN SHOULD INCLUDE ORDERLY STRATEGIC SALE OF WORKSPACE'S ASSETS, SYSTEMATIC REPAYMENT OF DEBT & TIMELY RETURN OF CAPITAL TO SHAREHOLDERS SABA: URGES WORKSPACE BOARD TO RECOMMEND MANAGED WIND-DOWN SABA: REQUEST THAT WORKSPACE BOARD ADOPT THE MANAGED WIND-DOWN STRATEGY PROPOSAL NO LATER THAN FEBRUARY 20, 2026 ((Reuters.Briefs@thomsonreuters.com;))