Saba Capital Announces Intention to Requisition General Meetings at Four U.K.-Listed Trusts to Provide Liquidity for Shareholders Through Open-Ended Fund Transition

NEW YORK, February 10, 2025--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today announced its intention to requisition the Boards of Directors (the "Boards") of CQS Natural Resources Growth & Income PLC (CYN:LSE), European Smaller Companies Trust PLC (ESCT:LSE), Middlefield Canadian Income PCC (MCT:LSE) and Schroder UK Mid Cap Fund PLC (SCP:LSE) (the "Trusts") to hold General Meetings for shareholders to vote on a proposal to implement a scheme or proce