Net Asset Value(s)

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.
(the “Company”)
(a closed-ended investment scheme incorporated with limited liability
under the laws of Guernsey with registered number 56535)
LEI 213800GXKGJVWN3BF511

Publication of Net Asset Value (“NAV”)
Date of Release 14^th May 2021
 

Name	NAV per share (Pence Per Share)	ISIN	NAV DATE
Weiss Korea Opportunity Fund Ltd.	276.82	GG00B933LL68	13th May 2021

Commentary:
As at 13^th May 2021, the Company’s net assets were £224.27 million.

The NAV per share is being provided for the information of shareholders, as the redesignation of participating Ordinary Shares as Realisation Shares, pursuant to the Company’s Realisation Opportunity, is occurring today.

Important Notice:

The Net Asset Value figure in this announcement is an estimate, and is based on unaudited estimated valuations. Estimated results, performance or achievements may differ materially from any actual results, performance or achievements. No person has authority to give any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this release, and all liability therefor is expressly disclaimed. Accordingly, none of the Company, the Investment Manager, the Administrator, or any of its/their respective members, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any loss, howsoever arising, from the use of this release. Except as required by applicable law, the Company expressly disclaims any obligations to update or revise the above estimates to reflect any change in expectations, new information, subsequent events or otherwise.

Dividends:

As noted in the Admission Document, dividends from Korean preferred shares are not accounted for or accrued in the NAV until dividends are received by the Company. Recent changes to dividend policies of certain companies owned by the fund, such as increasing dividend levels or more frequent dividend payouts, may make it more difficult to accurately estimate dividend amounts in a given period prior to that dividend being received by the Company. As a result of the foregoing, the NAV published above may not reflect all income contractually due to the Company as at the stated NAV date. The Company estimates that issuers in the Company’s portfolio have declared dividends that would add approximately 0.12 pence per share to the NAV, but this amount has not yet been received, so they are not included in the above NAV. Please refer to the Admission Document for more information regarding the announcement and payment of Korean dividends.
 

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
Samuel Walden
Tel: [phone]