Activist investor Saba Capital, founded by Boaz Weinstein, disclosed through a regulatory filing dated July 31 that it holds 0.084 % of voting rights in Unite Group plc and an additional 5.04 % exposure via financial instruments, amounting to approximately 26.4 million voting rights. This positions Saba as the fourth‑largest shareholder in the United Kingdom’s largest student‑housing provider, according to LSEG data. The move follows Saba’s recent activist campaign at Workspace plc, where it increased its holding to become the largest shareholder and has been urging board adjustments. Unite Group reaffirmed its full‑year guidance in July and indicated it is reviewing the disposal of lower‑yielding assets to concentrate on more resilient services, citing economic uncertainty and tighter visa regulations that are dampening student enrolments.
Saba Capital Acquires >5% Stake in Unite
Shareholding Pattern Change
Price while announcement
Current price (CMP)