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 Peter Dicks (Chairman), Richard Fitzalan Howard, and Christopher Mills
|
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 |