The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE: GGT) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional shares of common stock (the “Offering”). The Offering will be made only by means of a prospectus supplement and accompanying prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities. Each shareholder will receive one transferable right (the “Right”) for each share of common stock held on the record date (June 28, 2024). The number of Rights to be issued to a shareholder as of the close of business on the record date will be rounded up to the nearest number of Rights evenly divisible by four. The Rights are expected to trade “when issued” on the New York Stock Exchange beginning on June 27, 2024, and the Fund’s shares of common stock are expected to trade “Ex-Rights” on the New York Stock Exchange beginning on June 28, 2024. The Rights are expected to begin trading for normal settlement on the New York Stock Exchange (NYSE: GGT RT) on or about July 5, 2024. The Offering expires at 5:00 PM Eastern Time on July 22, 2024, unless extended. Rights may be exercised at any time during the subscription period.
Gabelli Multimedia Tr
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