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)
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
|+44 1481 745 385|