Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 43

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 43
---
 for such redemption (or by such other equitable method
as the Fund may determine). If fewer than all preferred stock held by any holder are to be redeemed, the notice of redemption mailed
to such holder will specify the number of shares to be redeemed from such holder, which may be expressed as a percentage of shares
held on the applicable record date.

Optional Redemption.
Fixed rate preferred stock is not subject to optional redemption by the Fund until the date, if any, specified in the applicable
Prospectus or Prospectus Supplement, unless such redemption is necessary, in the judgment of the Fund, to maintain the Fund’s
status as a RIC under the Code. Commencing on such date and thereafter, the Fund may at any time redeem such fixed rate preferred
stock in whole or in part for cash at a redemption price per share equal to the liquidation preference per share plus accumulated
and unpaid distributions (whether or not earned or declared) to the redemption date plus any premium specified in or pursuant to
the Articles Supplementary. Auction rate preferred stock may be redeemed at any time by the Fund in whole or in part out of funds
legally available therefor at a redemption price per share equal to the liquidation preference per share plus accumulated and unpaid
distributions (whether or not earned or declared) to the redemption date plus any premium specified in or pursuant to the Articles
Supplementary. Redemptions of preferred stock are subject to the notice requirements set forth under “—Redemption Procedures”
and the limitations of the Governing Documents, the 1940 Act and applicable law.

Redemption Procedures.
If the Fund determines or is required to redeem preferred stock, it will mail a notice of redemption to holders of the shares to
be redeemed. Each notice of redemption will state (i) the redemption date, (ii) the number or percentage of preferred stock to
be redeemed (which may be expressed as a percentage of such shares outstanding), (iii) the CUSIP number(s) of such shares, (iv)
the redemption price (specifying the amount of accumulated distributions to be included therein), (v) the place or places where
such shares are to be redeemed, (vi) that dividends or distributions on the shares to be redeemed will cease to accumulate on such
redemption date, (vii) the provision of the Articles Supplementary under which the redemption is being made and (viii) in the case
of an optional redemption, any conditions precedent to such redemption. No defect in the notice of redemption