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IN BRIEF: Gabelli Value Plus To Propose Liquidation In July Meeting

Mon, 08th Feb 2021 15:50

Gabelli Value Plus+ Trust PLC - investment firm - Plans to convene general meeting in July 21 to consider a continuation resolution as well as a special resolution to place the company in members' voluntary liquidation.

Largest shareholder Associated Capital Group Inc will abstain from voting. Will publish further details on the proposed continuation vote and liquidation in a circular in June.

Current stock price: 153.00 pence, up 5.2%

Year-to-date change: up 7.0%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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