Weiss Korea Opportunity Fund - Compulsory Redemption of Shares and Total Voting Rights
PR Newswire
LONDON, United Kingdom, October 08
8 October 2025
Weiss Korea Opportunity Fund Ltd.
("WKOF" or the "Company")
(a closed-ended investment scheme incorporated with limited liability
under the laws of Guernsey with registration number 56535)
LEI Number:213800GXKGJVWN3BF511
COMPULSORY REDEMPTION OF SHARES AND TOTAL VOTING RIGHTS
Further to the announcement on 23 September 2025, the Company confirms that it has, after close of business on 7 October 2025 (the " Redemption Date"), compulsorily redeemed 21,718,845 ordinary shares (" Shares") at a price of 161.15 pence per Share, being equal to the prevailing Net Asset Value per Share as at the Redemption Date, for cancellation.
On this basis a holder of 100,000 Shares had 82,474 Shares redeemed, and will receive GBP132,907 in cash on 21 October 2025, or as soon as practicable thereafter.
Fractions of Shares have not been redeemed and so the number of Shares redeemed from each Shareholder has been rounded down to the nearest whole number of Shares.
The new ISIN number GG00BVN74803 in respect of the remaining Shares which have not been redeemed, has been enabled and is available for transactions from 8.00 a.m. today, 8 October 2025.
In conformity with the FCA's Disclosure Guidance and Transparency Rules (" DTRs"), following the redemption and cancellation, the Company's issued share capital consists of 16,367,416 Shares, each carrying the right to one vote, of which 11,752,246 Shares are held in treasury.
Accordingly, the figure 4,615,170 represents the total voting rights in the Company and may be used by Shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the DTRs.
Payments of redemption monies are expected to be effected either through CREST (in the case of Shares held in uncertificated form) or by cheque (in the case of Shares held in certificated form) on 21 October 2025, or as soon as practicable thereafter.
Capitalised terms used but not defined in this announcement will have the same meaning as set out in the circular of the Company published on 19 March 2025.
New ISIN | GG00BVN74803 |
SEDOL | BVN7480 |
TIDM | WKOF |
For further information, please contact:
Weiss Asset Management LP (Investment Manager) Andrew Daly Eric Ruiz Johnathan Mathiesen | +1 (617) 778-7780 |
|
|
Singer Capital Markets Advisory LLP James Maxwell, James Fischer, Anthony Debson, Samed Ethemi (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales) | +44 (0) 20 7496 3000 |
Northern Trust International Fund Administration services (guernsey) Limited | +44 (0) 1481 745001 |
Company Secretary |
|
A copy of this announcement will be available on the Company's website at https://www. https://www.weisskoreaopportunityfund.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
