Last checked at 28 Dec 2017 18:30
Weiss Korea Opportunity Fund - Dealing in SharesWeiss Korea Opportunity Fund - Dealing in Shares
PR Newswire
London, December 28
Weiss Korea Opportunity Fund Ltd. ("Weiss Korea" or "the Company")
Dealing in Shares
Weiss Korea announces that it received notification that on December 28, 2017, Dr. Andrew Weiss, the CEO of Weiss Asset Management LP, donated 524,000 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 6,486,888 ordinary shares, representing 7.69 per cent of the Company’s total issued share capital.
For further information, please contact:
| N+1 Singer | +44 20 7496 3000 |
| James Maxwell – Nominated Adviser James Waterlow – Sales | |
| Northern Trust International Fund Administration Services (Guernsey) Limited | +44 1481 745 498 |
| Cara De La Mare | |
| Website www.weisskoreaopportunityfund.com |