Edinburgh Worldwide Investment Trust wants to repurchase up to 100% of the company’s share capital to allow shareholders a cash exit opportunity in anticipation of Saba Capital gaining control of the company. To do this the company is offering to buy its shares at a price close to the Net Asset Value (NAV) of the shares based on a calculation date of 16 April 2026. This is called a tender offer.

The tender offer is subject to shareholder approval at a meeting to be held on 10 April 2026. The board unanimously recommends that shareholders vote to approve the tender offer.

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything. Elections to tender may be scaled back at a rate to be determined due to the fact that the some of the company’s assets are currently illiquid.

Sell shares in the offer – Act by noon on Wednesday 15 April 2026

Any shares you ask to sell will be removed from your portfolio from 15 April 2026. The cash from shares successfully sold will be paid in two parts, with an initial distribution comprising of approximately 85% of the total value on or around 5 May 2026.

Payment of the remaining approximately 15% of the cash will be delayed due to the fact that the assets underlying the value are currently illiquid, however the board anticipates that this will be paid within 12 months.

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.