Workspace urges investors to block ‘destructive’ Saba proposals

Workspace hits back at activist investor plans ahead of shareholder vote

Saba has called for the office space landlord to sell off its property portfolio and for all non-executive directors to be replaced.

Workspace urges investors to block ‘destructive’ Saba proposals

Flexible office provider Workspace has called on investors to block “destructive” attempts by notorious activist investor Saba to force a sell-off of its properties.  The FTSE 250 firm issued a plea to shareholders on Thursday urging them to vote against each of the proposals submitted by the New York-based hedge fund to its annual general meeting later this month.  Saba’s plan to push Workspace towards an “accelerated wind-down” is “high risk, …

Workspace brands Saba's latest proposals as "high-risk, short-sighted" and "unrealistic"

Workspace (WKP) has blasted the latest proposals for its turnaround from Saba Capital, its second largest investor, as “high-risk, short-sighted and not suitable” for the flexible office provider. Responding to the latest materials posted this week by 28% shareholder Saba on its makeworskpacework.co.uk website, Workspace said the activist hedge fund’s revision to its original plan […]

Workspace rejects Saba proposals ahead of AGM

Workspace Group Plc (LON:WKP) has noted the publication on 7 July 2026 of an updated version of the presentation previously published by Saba on 17 June 2026 and accompanying Q&A document, together with the presentation and open letter previously published by Saba on 17 June 2026, ahead of Workspace’s forthcoming Annual General Meeting on 23 July 2026. ·  We recognise the current share price doesn’t reflect the value of our business – accordingl…