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")
(a closed-ended investment scheme incorporated with
limited liability
under the laws of Guernsey with registration number
56535)
LEI 213800GXKGJVWN3BF511
Share Buy-Back
Programme
26 March 2020
At the Company's last annual general meeting on 25 July 2019 (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 2019. These results will be published
on or around 28 April 2020. 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 Annual
Report for the twelve months ended 31
December 2019, 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 – Sales |
+44 20 7496 3000 |
Northern Trust
International Fund
Administration Services (Guernsey) Limited
Sam Walden |
+44 1481 745 385 |
Website
www.weisskoreaopportunityfund.com
END