Weiss Korea Opp Dealing in Shares
December 23 2021 - 12:24PM
UK Regulatory
TIDMWKOF
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 scheme incorporated with limited liability
under the laws of Guernsey with registered number 56535)
LEI 213800GXKGJVWN3BF511
Dealing in Shares
Weiss Korea announces that it received notification that on December 23, 2021,
Dr. Andrew Weiss, the CEO of Weiss Asset Management LP, donated 1,170,000
ordinary shares in the Company to a 501(c)3 public charity 'Donor-Advised Fund'
("DAF"). While Dr. Weiss will retain some influence over the investment
direction of his portion of the assets in the DAF, he has relinquished full
control over the shares donated to the charity whose assets are managed by an
independent, third-party investment manager not affiliated with Dr. Weiss or
Weiss Asset Management LP. Following this donation, he holds 5,316,888 ordinary
shares, representing 7.67 per cent of the Company's total issued share capital.
For further information, please contact:
Singer Capital Markets +44 20 7496 3000
James Maxwell - Nominated Adviser
James Waterlow - Sales
Northern Trust International Fund +44 1481 745 405
Administration Services (Guernsey) Limited
Andy Le Page
Website
weisskoreaopportunityfund.com
END
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December 23, 2021 12:24 ET (17:24 GMT)
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