Gabelli Value Plus Trust PLC - US equities investor - Shareholder Associated Capital Group Inc will vote for the continuation of the investment at the upcoming annual general meeting. "Associated Capital views GVP as a differentiated long-term investment for AC's value-orientated portfolio, owing in part to the London Stock Exchange's established and historical market structure and favourable company rules for investment trusts," ACG said. It added that it would support Gabelli adopting a 5% distribution policy.
Current stock price: 113.00 pence
Year-to-date change: down 14%
By Eric Cunha; ericcunha@alliancenews.com
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