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WKP Workspace News Story

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FinancialsBalancedMid CapValue Trap

UK's Workspace falls as board rejects Saba Capital proposal

** Workspace WKP.L falls 4.2% to 335.6p

** Flexible office-space provider's board rejects investor Saba Capital's proposal to wind down business over 12 months

** Says it received shareholder request to remove five current non-executive directors, appoint four new ones

** Proposals set to be discussed at co's AGM on July 23

** As of last close, WKP down ~12.13% this year

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))

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