Business
PUBLICATION OF RESPONSE PRESENTATION
Workspace Group PLC has released a presentation detailing its response to Saba Capital Management L.P.'s recent shareholder communication, reaffirming the Board's confidence in its repositioning strategy and its ability to maximize long-term shareholder value. The Board unanimously recommends voting FOR the re-election of current directors and customary business, and AGAINST the resolutions proposed by Saba Capital Management, which it believes are not in the best interests of the company or its shareholders. The company's Annual General Meeting is scheduled for July 23, 2026. Disclaimer*
About this update from Workspace Group Plc
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. FOR IMMEDIATE RELEASE. 1 July 2026 Workspace GROUP PLC PUBLICATION OF PRESENTATION IN RESPONSE TO LETTER TO SHAREHOLDERS FROM SABA CAPITAL MANAGEMENT L.P. The Board of Workspace Group PLC (the "Board" and the "Company", respectively) today announces that it has made available on its website a presentation (the "Presentation") containing its full and considered response to the letter and accompanying presentation published by Saba Capital Management, L.P. on 17 June 2026 (the "Saba Materials"). The Presentation can be viewed and downloaded from the Company's website at https://www.workspace.co.uk/investors/investor-centre/results-reports-presentations. The Board welcomes the views of all shareholders and, together with its advisers, has carefully considered the Saba Materials. However, the Board remains confident in the strength of the Company's repositioning strategy, as announced alongside its Full Year Results on 10 June 2026, and in particular that the current Board (including all six current Non-Executive Directors) is best-placed to deliver that strategy and maximise long-term sustainable value for all shareholders. Shareholders are strongly advised to vote in line with the Board's unanimous recommendation: · FOR the election and re-election of the current Board and other customary business of the Company (Resolutions 1-20, inclusive); and · AGAINST the resolutions requisitioned on behalf of Saba Capital Management, L.P. (Resolutions 21-26, inclusive) which the Board believes are NOT in the best interests of the Company or its shareholders as a whole, at the Company's Annual General Meeting on 23 July 2026. J.P. Morgan Cazenove, Rothschild & Co and Stifel are advising the Company. - ENDS - The Presentation can be accessed here on Workspace's website. For further information, please contact: Workspace Group PLC 020 7138 3300 Charlie Green, Chief Executive Officer Tom Edwards-Moss, Chief Financial Officer Paul Hewlett, Director of Strategy & Corporate Development Greg Tinker, ...
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