Form N-23C-2 - Notice by closed-end investment companies of intent to purchase their own securities
25 May 2024 - 6:08AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTIFICATION OF
REDEMPTION OF SECURITIES PURSUANT TO
RULE 23c-2 UNDER
THE INVESTMENT COMPANY ACT OF 1940
Investment Company
Act File No. 811-08476
THE GABELLI MULTIMEDIA
TRUST INC.
(Name of Registrant)
One Corporate Center
Rye, New York 10580-1422
(Address of Principal Executive
Offices)
Registrant’s
Telephone Number, including Area Code: (914) 921-5070
____________
The undersigned registered closed-end investment
company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set
forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the "Act"), and states
that it is filing this notice with the Commission at least 30 days prior to the date set for the redemption.
(1) Title
of the class of securities of The Gabelli Multimedia Trust Inc. (the “Fund”) to be redeemed:
Series C Auction Rate Cumulative
Preferred Stock, par value $0.001 per share, liquidation preference of $25,000 per share (the “Series C Preferred Stock”)
(CUSIP # 36239Q406).
(2) The
date on which the securities are to be called or redeemed:
June 26, 2024.
(3) The
applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
The Series C Preferred
Shares are to be redeemed pursuant to Article I, Sections 3(a)(i) and 3(b) of the Fund’s Articles
Supplementary Creating And Fixing The Rights Of Series C Auction Rate Cumulative Preferred Stock.
(4) The
principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
The Fund intends to redeem
100% (10 shares) of its outstanding Series C Preferred Stock at the redemption price of $25,000 per share, which equals the liquidation
preference of $25,000 per share. All shares of Series C Preferred Stock are held in book-entry form through the Depository Trust Company
("DTC"), and such shares being redeemed will be redeemed in accordance with the procedures of DTC. Payment by the Fund of the
Redemption Price will be made to The Bank of New York Mellon, as paying agent for this redemption.
[Remainder of Page Left Blank]
SIGNATURE
Pursuant to the requirement
of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed
on its behalf by the undersigned on this 24th day of May 2024.
| THE GABELLI MULTIMEDIA TRUST INC. |
| |
| By: |
/s/ John C. Ball |
| Name: |
John C. Ball |
| Title: |
President and Principal Executive Officer |
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