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))