Edinburgh Worldwide has announced that shareholders on Lloyds-owned platforms can now vote in the 14th February general meeting after resolving platform issues.

If you are an investor in Edinburgh Worldwide through Scottish Widows, Embark, or Stock Trader, you should now have the option to vote. Previously, Lloyds had tried to claim that these votes were not corporate actions and so it did not have to allow investors to vote. [That position was clearly nonsensical, but all investors should be able to vote on all resolutions at company meetings. The law needs to change to compel these platforms to do the right thing.]

Jonathan Simpson-Dent, Chair of Edinburgh Worldwide Investment Trust, commented: “We are delighted that Lloyds has now resolved the issues which would have prevented shareholders who hold shares through its platforms from being able to vote. Edinburgh Worldwide is holding the general meeting requisitioned by US hedge fund Saba Capital and its AGM on February 14, but shareholders who hold shares through Lloyds platforms should not wait before casting their vote against Saba’s land grab and in favour of the Board resolutions at the AGM. Our shareholders’ voice matters. Protect your investment. Protect your trust. Vote against Saba and for the Board resolutions.”

EWI : Lloyds platform opens voting on Edinburgh Worldwide