RCS - Saba Capital Mgmt. - SABA STATEMENT ON IEM

Impax Environmental MarketsAnnouncement

Today 15:30

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RNS Number : 7707U  Saba Capital Management L.P  27 February 2026

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SABA STATEMENT ON IEM

 

 

 

Saba Capital Comments on Impax Environmental Markets PLC's Proposed Tender
Offer

 

Announces it Intended to Participate in IEM Tender if Impax Asset Management
Committed to Covering Full Tender Costs for All Shareholders Who Choose to
Exit

 

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba"
or "we"), a significant shareholder of Impax Environmental Markets PLC
(IEM:LSE) ("IEM" or the "Company"), today issued a statement
(https://sabacapital.s3.us-west-1.amazonaws.com/Saba-IEM+Statement+(Feb.+27+2026).pdf)
regarding the 16 January 2026 proposal by the Company's Board of Directors to
offer eligible shareholders a cash exit by way of a tender offer for up to
100% of their shares at close to net asset value.

 

The terms of the accompanying disclaimer at the end of that statement
(https://sabacapital.s3.us-west-1.amazonaws.com/Saba-IEM+Statement+(Feb.+27+2026).pdf)
are included by reference into this announcement and should be noted.

 

About Saba

 

Saba Capital Management, L.P. is a global alternative asset management firm
that seeks to deliver superior risk-adjusted returns for a diverse group of
clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit
relative value strategies and capital structure arbitrage. Saba has offices in
New York City and London. Learn more at www.sabacapital.com
(http://www.sabacapital.com) .

 

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