Fund Summary

Registered Name Gabelli Value Plus+ Trust PLC
Investment Manager Gabelli Funds, LLC
Corporate Broker Peel Hunt LLP
Registered Countries England & Wales
Registered Number 09361576
Address of Registered Office 5th Floor, 6 St. Andrew Street
London EC4A 3AE
Portfolio Composition Invest in securities of mainly US companies using the Gabelli Private Market Value with a CatalystTM selection criteria. A specific emphasis towards corporate catalysts such as takeovers, tender offers, liquidations, and other corporate events such as reorganisations involving stubs, spin-offs and other financial engineering
Board of Directors Independent Board of Directors comprising of Andrew Bell (Chairman),Rudolf Bohli, Jonathan Davie, Richard Fitzalan Howard, and Kasia Robinski
Dividend Frequency Annually at the discretion of the Board
Listing GVP.LN – Main market of the London Stock Exchange
Fund Denomination £ share class
Frequency of NAV Daily
Gearing The Fund will have authority to have a maximum gearing of 15% of Net Asset Value
Fees & Ongoing Costs 1% annual management charge on market cap1.
Discount Control 14.99% buyback authority supported by discretionary tender offers
Continuation Provisions Directors will consider proposing a continuation vote after 5 years if shares have traded, on average, at a discount in excess of 10% in year 5
1The manager committed to absorbing the initial offering costs in excess of 1pp for the benefit of the investor.

 


Prospectus

The prospectus has been prepared in accordance with the Prospectus Rules of the Financial Conduct Authority (FCA) made pursuant to section 73A of FSMA. The prospectus has been approved by the FCA and has been filed with the FCA in accordance with Rule 3.2 of the Prospectus Rules. It contains important information and should be read as a whole by any investor considering an investment in the Gabelli Value Plus+ Trust.