Weiss Korea Chance Fund – Realisation Prospect and Publication of Circular
NOT FOR DISTRIBUTION, Specifically OR INDIRECTLY, IN Complete OR IN Component, IN OR INTO CANADA, AUSTRALIA OR JAPAN.
Weiss Korea Possibility Fund Ltd.
(“the Business”)
(a closed-ended expense scheme integrated with limited legal responsibility
underneath the legislation of Guernsey with registered number 56535)
LEI 213800GXKGJVWN3BF511
Realisation Opportunity and Publication of Round
When the Business was released in 2013 it fully commited to present Shareholders the chance to elect to realise all or a section of their shareholding on or prior to the fourth anniversary of the Firm’s admission to Purpose and, unless it has presently been identified that the Business will be wound-up, every two decades thereafter. The Admission Document, published on 8 Might 2013, mentioned that the Realisation Possibility would be created offered to Shareholders not less than 56 days ahead of the eighth anniversary of the Firm’s admission to Aim.
The Corporation is pleased to announce that a circular (the “Circular”) that contains the particulars of the Realisation Chance together with the related sorts of election were posted to Shareholders of the Company currently. A copy of the Round is obtainable on the Company’s internet site: www.weisskoreaopportunityfund.com.
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 Administrators and personnel associated with the Financial investment Manager (who collectively possess 11.6 for each cent. of the Company’s issued share funds as at 12 March 2021, currently being the most up-to-date practicable day prior to the publication of the Round), intend to go on their financial investment in the Enterprise and do not intend to take part in the Realisation Possibility in regard of all or any section of their respective shareholdings.
The expected timetable for the Realisation Option is as follows (all dates are in 2021):
Publication of the Circular 15 March
History Day for Realisation Possibility 6.00 p.m. on 19 March
Election Period of time commences 14 April
Interim dividend declaration date 28 April
Most current time and day for receipt of Forms of Election and 1.00 p.m. on 7 May well share certificates from Shareholders who keep their
Normal Shares in certificated kind
Most current time and date for receipt of TTE Recommendations from 1.00 p.m. on 7 Could Shareholders who hold their Everyday Shares in uncertificated
sort
Ex-dividend date for interim dividend 10 May
History Date for interim dividend 11 May perhaps
Announcement of results of Realisation Prospect Prior to or on 14 May well
Redesignation of participating Common Shares as Realisation 14 May well
Shares
Stability share certificates in respect of Common Shares not realised 7 days commencing
despatched by write-up 24 Could
Any modifications to the envisioned timetable set out over will be notified by the Organization through a Regulatory Information Solutions provider. All references to occasions in this doc are to London moments.
Dividend
The Company provides to the interest of Shareholders the non-standard timetable for the interim dividend. The envisioned ex-dividend date is Monday, 10 May possibly 2021 and anticipated File Day is Tuesday, 11 Could 2021.
This is to align the dates amongst the near of the Election Period on Friday, 7 May well 2021 and the Redesignation Day on Friday, 14 May well 2021. Even further specifics relating to the interim dividend will be provided on publication of the Firm’s results for the twelve months finished 31 December 2020.
Capitalised terms in this announcement, until normally described, have the same meanings as set out in the Round.
For further more details please get in touch with:
|
N+1 Singer |
+44 20 7496 3000 |
|
Northern Have confidence in Global Fund |
+44 1481 745 385 |
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