REG-Weiss Korea Opportunity Fund Ltd.: Compulsory Redemption of Shares and Total Voting Rights

Weiss Korea Opportunity FundAnnouncement

02/12/2025 07:02

                                                                   
                                               
                                               2 December 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 17 November 2025, the Company confirms that it
has, after close of business on 1 December 2025 (the "                    
Redemption Date                    "), compulsorily redeemed 4,411,617
ordinary shares ("                     Shares                    ") at a price
of 158.67 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 95,590 Shares redeemed, and will
receive GBP151,672.65 in cash on 15 December 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 GG00BPCMLM76 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, 2 December 2025.

The Board also announces that it has resolved to cancel all Shares currently
held by the Company in treasury. Consequently, 11,752,246 Shares that were
held in treasury have now been cancelled.

In conformity with the FCA's Disclosure Guidance and Transparency Rules ("    
                DTRs                    "), following the redemption and
cancellations noted above, the Company's issued share capital consists of
203,553 Shares, each carrying the right to one vote. No Shares are held in
treasury.

Accordingly, the figure 203,553 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 15 December 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  GG00BPCMLM76  
 SEDOL     BPCMLM7       
 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 (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.

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