| 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 | 64 St. James’s Street, London, SW1A 1NF United Kingdom |
| 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 Jonathan Davie (Chairman), Rudolf Bohli, Richard Fitzalan Howard, Christopher Mills, 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.
KEY INFORMATION DOCUMENT