5 Jan 2017 16:54
05 January 2017
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Gabelli Value Plus+ Trust Plc
("the Company")
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Transaction in own shares
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Gabelli Value Plus+ Trust Plc (LSE: GVP) announces that, pursuant to the authority granted at the Annual General Meeting of the Company held on 21 July 2016, a market purchase of 20,000 ordinary shares was made on 05 January 2017 at the price of £1.3125 per share. These shares will be held in treasury.
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Following the above purchase, the Company held 350,000 ordinary shares in treasury. The Company's total issued share capital (including treasury shares) consists of 100,101,001 ordinary shares of 1 pence each. Therefore the total number of voting rights is 99,751,001, and this figure should be used as the denominator for calculations of interests in the Company's share capital.
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Any re-sale of treasury shares will only take place at a premium to the prevailing net asset value per share at the time of issue and therefore the shares held in treasury do not give rise to a potential dilution to net asset value per share.
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Enquiries:
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Stifel Nicolaus Europe Limited
150 CheapsideLondonEC2V 6ET
Neil Winward (tel: 020 7710 7460)
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Francesca Wilson, TMF Corporate Secretarial Services Limited
Email: GabelliCompany.Secretary@tmf-group.com
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