NOT FOR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC
OF IRELAND OR SOUTH AFRICA
OR TO U.S.
PERSONS
Weiss Korea
Opportunity Fund Ltd.
("Weiss Korea" or
"the Company")
Share Buy-Back
Programme
At the Company's last annual general meeting on 27 July 2016 (the “AGM"), Weiss Korea
shareholders granted the Company a general buy-back authority of up
to 40% of the Company's issued share capital.
The Company is about to go into a closed period due to its
annual results for the twelve months ended 31 December 2016. These results will be published
on or around 27 April 2017. The
Company has appointed N+1 Singer Advisory LLP to manage an
irrevocable programme during the closed period (the "Closed Period
Buy-Back Programme") to buy-back ordinary shares within certain
pre-set parameters. The Closed Period Buy-Back Programme will
commence today and will run until the end of the closed period,
being the date of publication of the Company's Accounts for the
twelve months ended 31 December 2016,
unless completed earlier.
Any shares purchased in the Closed Period Buy-Back Programme
will count towards the Company's general buy-back authority of 40%
of the Company's issued share capital, as approved at the Company's
AGM.
Weiss Korea confirms that it currently has no inside
information.
For further information, please contact:
N+1 Singer
James Maxwell – Nominated Adviser
James Waterlow and Alan Geeves – Sales |
+44 20 7496 3000 |
Northern Trust
International Fund
Administration Services (Guernsey) Limited
Sam Walden |
+44 1481 745 323 |
Website
www.weisskoreaopportunityfund.com
END