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Weiss Korea Opportunity Fund (WKOF)


Monday 15 March, 2021

Weiss Korea Opportunity Fund

Realisation Opportunity and Publication of Circular


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)


Realisation Opportunity and Publication of Circular

When the Company was launched in 2013 it committed to offer Shareholders the opportunity to elect to realise all or a part of their shareholding on or prior to the fourth anniversary of the Company's admission to AIM and, unless it has already been determined that the Company will be wound-up, every two years thereafter. The Admission Document, published on 8 May 2013, stated that the Realisation Opportunity would be made available to Shareholders not less than 56 days before the eighth anniversary of the Company's admission to AIM.

The Company is pleased to announce that a circular (the “Circular”) containing the details of the Realisation Opportunity along with the relevant forms of election were posted to Shareholders of the Company today. A copy of the Circular is available on the Company’s website:

In addition, the Company is pleased to announce that it intends to declare an interim dividend to all Shareholders in advance of this process.

All of the Directors and personnel associated with the Investment Manager (who collectively own 11.6 per cent. of the Company’s issued share capital as at 12 March 2021, being the latest practicable date prior to the publication of the Circular), intend to continue their investment in the Company and do not intend to participate in the Realisation Opportunity in respect of all or any part of their respective shareholdings.

The expected timetable for the Realisation Opportunity is as follows (all dates are in 2021):

Publication of the Circular      15 March

Record Date for Realisation Opportunity   6.00 p.m. on 19 March

Election Period commences     14 April

Interim dividend declaration date          28 April

Latest time and date for receipt of Forms of Election and    1.00 p.m. on 7 May share certificates from Shareholders who hold their

Ordinary Shares in certificated form

Latest time and date for receipt of TTE Instructions from    1.00 p.m. on 7 May Shareholders who hold their Ordinary Shares in uncertificated


Ex-dividend date for interim dividend  10 May

Record Date for interim dividend  11 May

Announcement of results of Realisation Opportunity  Prior to or on 14 May

Redesignation of participating Ordinary Shares as Realisation    14 May


Balance share certificates in respect of Ordinary Shares not realised  week commencing
despatched by post      24 May

Any changes to the expected timetable set out above will be notified by the Company through a Regulatory Information Services provider. All references to times in this document are to London times.


The Company brings to the attention of Shareholders the non-standard timetable for the interim dividend. The expected ex-dividend date is Monday, 10 May 2021 and expected Record Date is Tuesday, 11 May 2021.

This is to align the dates between the close of the Election Period on Friday, 7 May 2021 and the Redesignation Date on Friday, 14 May 2021. Further details relating to the interim dividend will be provided on publication of the Company's results for the twelve months ended 31 December 2020.

Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Circular.

For further information please contact:

N+1 Singer
James Maxwell/ Justin McKeegan/ James Fischer – Nominated Adviser
James Waterlow – Sales
+44 20 7496 3000
Northern Trust International Fund
Administration Services (Guernsey) Limited
Sam Walden
+44 1481 745 385


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