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15.03.2019 | 18:10
(10 Leser)
(0 Bewertungen)

Weiss Korea Opportunity Fund - Share Buy-Back Programme

PR Newswire

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 schemeincorporated with limited liability
under the laws of Guernsey with registration number
56535)

LEI 213800GXKGJVWN3BF511

15 March 2019

Share Buy-Back Programme

At the Company's last annual general meeting on 26 July 2018 (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 2018. These results will be published on or around 18 April 2019. 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 2018, 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


© 2019 PR Newswire