Gabelli Value Plus + Trust : GMPT – Results of IPO Announced on 2017 07 17

7/17f2JJ17 ViewAnoo..n:ement:-RNS Subnit

RNS Number :2630L

Gabelli Merger Plus+ Trust PLC

17 July 2017

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY SECURITIES, INCLUDING THE SHARES, IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

This announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any shares referred to in this announcement except on the basis of information set out in the prospectus (the "Prospectus") published by Gabelli Merger Plus+ Trust PLC (the "Company'') on 15 June 2017 in connection with its initial public offering,

comprising a placing of ordinary shares and the proposed admission of such Shares to trading on the Specialist Fund

Segment ("SFS") of the London Stock Exchange pie.

Gabelli Merger Plus+ Trust PLC IPO successfully raises $100,111,000 17 July 2017

Gabelli Merger Plus+ Trust PLC, a newly incorporated closed-ended public limited company, today announces that it has raised gross proceeds of$100,111,000 (one hundred million, one hundred and eleven thousand dollars) in its initial public offering of ordinary shares in the capital of the Company (the "Shares").

7/171'2fJ17 View Annan:ement - RNS SUbnit

Applications will be made to the London Stock Exchange for 10,011,100 Shares to be admitted to trading on the Specialist Fund Segment, with unconditional trading expected to commence at 08.00am on 19 July 2017 ("Admission").

Following Admission, the number of Shares that the Company has in issue will be 10,011,100. The total number of voting rights of the Company will be 10,011,100 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.

Capitalised terms in this announcement shall (unless expressly stated otherwise) have the meaning given to them in the Prospectus.

Enquiries:

GAMCO Asset Management (UK) Limited (Joint Bookrunner)

[phone]

Camillo Schmidt-Chiari

Important Information

This announcement has been prepared by, and is the sole responsibility of, Gabelli Merger Plus+ Trust PLC.

GAMCO Asset Management (UK) Ltd., which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for the Company and no one else in connection with the Placing. Itwill not regard any person (whether or not a recipient of this announcement or the Prospectus) as its client in relation to the Placing and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in relation to the Placing, Admission, the contents of this announcement or the Prospectus or any other transaction or arrangement referred to herein.

The Company has not been and will not be registered under the U.S. Investment Company Act, and investors in shares of the Company will not be entitled to the benefits of the U.S. Investment Company Act. In addition, the Shares referred to herein have not been, and will not be, registered under the U.S. Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered, sold, pledged or otherwise transferred or delivered within the United States or to, or for the account or benefit of, U.S. Persons absent registration or an exemption from the registration requirements of the U.S. Securities Act and in compliance with any applicable state securities laws and under circumstances that would not require the Company to register under the U.S. Investment Company Act. No public offer of the shares of the Company is being made in the United States and the information contained herein does not constitute an offering of securities for sale in the United States, Canada, Australia, the Republic of South Africa, or Japan. No money, securities or other consideration is being solicited and, if sent in response to the information contained herein, will not be accepted. Any failure to comply with the above restrictions may constitute a violation of such securities laws.

7/171'2fJ17 View Annan:ement - RNS SUbnit

Thisinfunmtion is provided byRNS

The corqiany news service from the London Stock Exchange

END