Acknowledgement of letter to shareholders
Board acknowledges activist letter from Saba Capital; defending strategy whilst reviewing demands.
Select text to share a quote on X · sign in to keep highlights & notes in your WKP notes
The Board of Workspace Group PLC (the "Board" and the "Company", respectively) acknowledges the letter to the Company's shareholders issued by Saba Capital Management L.P. (the "Letter") yesterday, on 17 June 2026, and the accompanying presentation (the "Presentation").
The Board firmly believes in the strength of the Company's strategy, as announced alongside its Full Year Results on 10 June 2026, to maximise long-term sustainable value for all shareholders. However, the Board welcomes the views of all shareholders and, together with its advisers, is carefully reviewing the Letter and Presentation.
Notice of the Company's annual general meeting will be posted to shareholders of the Company tomorrow, on 19 June 2026. The Company's full and considered response to the Letter and the Presentation will be separately communicated to shareholders in due course.
Shareholders are advised to take no action in respect of the Letter and the Presentation at this time, and await further communications from the Company on this matter.
J.P. Morgan Cazenove, Rothschild & Co and Stifel are advising the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.