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Stocks•8 May 2026•

1 min read

Saba Capital Launches Boardroom Challenge Against Workspace Group

Key Facts

1US hedge fund Saba Capital Management requisitioned the removal of five current non-executive directors at Workspace Group.

2The activist shareholder seeks the appointment of four new non-executive directors at the company's 2026 annual meeting.

US hedge fund Saba Capital Management has launched a formal challenge against the board of London-listed Workspace Group PLC. The activist shareholder has requisitioned the removal of five current non-executive directors from the flexible-office landlord's board. Additionally, Saba Capital is seeking the appointment of four new non-executive nominees to be voted on at the company's 2026 annual general meeting. This move signals a significant push for leadership changes and a potential shift in the strategic direction of the UK-based REIT. Workspace Group confirmed receipt of the requisition via Vidacos Nominees Limited and stated it would review the proposals. While the long lead time until 2026 tempers immediate volatility, the challenge highlights growing investor pressure on corporate governance.