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Tender price and payment date announced (15th May 2026)
Update on Exit Tender Offer (21st April 2026)


Result of Exit Tender Offer Elections (20th April 2026)
Outcome to General Meeting (16th April 2026)


Exit Tender Offer Circular (17th March 2026)
Exit Tender Q&A
How to Vote


The rationale for the Tender Offer

IEM’s Board has proposed an Exit Tender Offer so all shareholders can realise up to 100% of their investment at close to NAV and avoid the risk of Saba gaining control and changing the Company’s mandate. Glen Suarez, Chair, explains why the Board believes this is the best solution for shareholders.

Continuation Tender Offer Circular (26th Jan 2026)
Outcome of Continuation Tender Offer