Saba Capital Intends to Offer Shareholders of Herald Investment Trust PLC a 100% Cash Exit at 99% of NAV
"If shareholders support Saba's resolutions to reconstitute the HRI Board, Saba would encourage the new Board to offer all shareholders a 100% cash exit at 99% of the Trust's NAV. As a result, Saba expects that shareholders will have the opportunity to sell their entire position at 99% of NAV,