NOT FOR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC
OF IRELAND OR SOUTH AFRICA
OR TO US PERSONS.
Weiss Korea Opportunity Fund
Ltd.
("the Company")
(a closed-ended investment scheme
incorporated with limited liability
under the laws of Guernsey with registered number 56535)
LEI 213800GXKGJVWN3BF511
Compulsory
Redemption of Realisation Shares
Further to the announcement of 10 May
2019, the Board has determined that the return of cash will
be made to Realisation Shareholders by way of compulsory redemption
of Realisation Shares.
Further, the Company is pleased to announce that it has sold all
of the assets in the Realisation Pool. Therefore, the compulsory
redemption of Realisation Shares will represent 100 per cent. of
the Realisation Shares in issue (the “Redemption”).
The redemption price will be 142.53
pence per Realisation Share, equivalent to the net assets in
the Realisation Pool, being £3,915,557.36, divided by the number of
outstanding Realisation Shares in issue, being 2,747,153
Realisation Shares.
The redemption proceeds due in respect of the Redemption will be
paid by cheque sent to Realisation Shareholders on, or shortly
after, 18 June 2019 (the
“Redemption Date”), after which the Realisation Shares will
be cancelled and will no longer be in issue.
Total Voting Rights
In conformity with the FCA’s Disclosure and Transparency Rules,
the Company announces that the total number of ordinary shares in
issue now stands at 81,617,828 and the total number of voting
rights in the Company is 81,617,828.
The above 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 FCA's Disclosure and Transparency
Rules.
In addition to the ordinary shares in issue, up to the
Redemption Date, the Company will have in issue 2,747,153
Realisation Shares.
Defined terms in this announcement shall have the same meaning
as terms defined in the circular dated 20
March 2019.
This announcement contains inside information.
For further information please contact:
N+1 Singer
James Maxwell/Justin McKeegan/Harry Mills – Nominated Adviser
James Waterlow – Sales |
+44 20 7496 3000 |
Northern Trust International Fund
Administration Services (Guernsey) Limited
Sam Walden |
+44 1481 745 385 |
Website
www.weisskoreaopportunityfund.com