Gabelli Value Plus+ Trust PLC Update on Future of the Company (2375O)
08 February 2021 - 6:00PM
UK Regulatory
TIDMGVP
RNS Number : 2375O
Gabelli Value Plus+ Trust PLC
08 February 2021
This announcement contains inside information. This announcement
has been authorised for release by the Board of Directors.
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA,
CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY
OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION
OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH
JURISDICTION
8 FEBRUARY 2021
GABELLI VALUE PLUS+ TRUST PLC ("the Company")
Legal Entity Identifier: 213800FZFN1SD1GNNZ11
Winding up of the Company
Further to the Company's announcement on 15 January 2021, the
board of the Company (the "Board") announces that it now intends to
convene a general meeting of the Company to be held in July 2021 to
consider a continuation vote resolution followed by a special
resolution to place the Company in members' voluntary liquidation.
The Company's largest shareholder, Associated Capital Group Inc,
has irrevocably undertaken to abstain from voting on these
resolutions. The Company has undertaken not to put proposals to
shareholders for a tender offer or other return of capital prior to
the date of the general meeting. The Board intends to include
further details of the proposed continuation vote and liquidation
in a circular that will be sent to shareholders in June 2021.
For further information please contact:
Maitland Administration Services Limited
Email: cosec@maitlandgroup.co.uk
Phone: +44 (0) 1245 398950
Peel Hunt LLP
Luke Simpson / Liz Yong
Telephone: +44 (0) 20 7418 8900
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END
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