Provided By Globe Newswire
Last update: May 5, 2023
TORONTO, May 05, 2023 (GLOBE NEWSWIRE) -- Citadel Income Fund (TSX – CTF.UN) (the “Fund”) announced today that the trustee of the Fund, Artemis Investment Management Limited (“Artemis”), has called a meeting of unitholders (the “Meeting”), to be held on September 11, 2023, in response to a third unitholder requisition (the “Requisition”) submitted by Saba Capital Management, L.P. (“Saba”). Saba had previously submitted two requisitions, each of which the Fund determined were invalid as they failed to comply with the Fund’s declaration of trust (the “Declaration of Trust”) and applicable law.