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Advisers recommend voting for tender

27 Mar 2026 08:53

RNS Number : 4413Y
Edinburgh Worldwide Inv Trust PLC
27 March 2026
 

Edinburgh Worldwide Investment Trust plc

Legal Entity Identifier: 213800JUA8RKIDDLH380

27 March 2026

 

Independent Voting Advisors ISS, Glass Lewis and PIRC all recommend shareholders vote FOR the Tender Offer proposal

 

The Board of Edinburgh Worldwide Investment Trust plc (the Company or EWIT) notes the publication of the voting recommendations from independent voting advisors ISS, Glass Lewis and PIRC in relation to the Company's proposed Tender Offer.

 

All three independent advisors have recommended that shareholders VOTE FOR the Tender Offer. This is consistent with the unanimous recommendation of the Company's independent Board.

 

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide commented: "We welcome the recommendation of ISS, Glass Lewis and PIRC who all advise that shareholders vote in favour of the Tender Offer. After exhausting every reasonable and equitable solution with Saba, the Tender Offer provides shareholders with a fair exit option, timed to pre-empt the high probability of a change of control at next month's AGM."

 

Shareholders are reminded that the deadline for voting on the Company's proposed Tender Offer is 14:00 on 8 April 2026, although some platforms may impose earlier deadlines. Separately, shareholders that wish to tender all or any of their shares must also elect to tender their shares by 13:00 on 16 April 2026.

 

Shareholders are invited to participate in a live Q&A session with Jonathan Simpson-Dent at 12.30pm today via:

https://page.bailliegifford.com/EWIT-Chair-webinar-0326.html?utm_campaign=ind-ewit-webinar-invite&utm_medium=circular&utm_source=RNS&utm_content=link

 

For further information on how to participate in the Tender Offer, please contact: EWIT@georgeson.com OR +44 (0) 7748491929

 

 

Contacts:

 

Investors:

Deutsche Numis

Nathan Brown

Tel: +44 20 7547 0569

nathan.brown@dbnumis.com

Matt Goss

Tel: +44 20 7547 0541

matt.goss@dbnumis.com

 

Media:

Greenbrook Advisory

Peter Hewer / Rob White

+44 207 952 2000

ewit@greenbrookadvisory.com 

 

Company Secretary:

Baillie Gifford & Co Limited

crtallenquiries@bailliegifford.com

Tel 0131 275 2000

 

 

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