23 sep 25   weiss korea opportunity fund - compulsory redemption of shares weiss korea opportunity fund ltd. gbp accum.red.shs | wkof | 0 -2.5 (-1.5%) | mkt cap: 113.2m    23 september 2025 weiss korea opportunity fund ltd. (“wkof” or the “company”) (a closed-ended investment scheme incorporated with limited liability under the laws of guernsey with registration number 56535) lei number:  213800gxkgjvwn3bf511 compulsory redemption of shares further to the resolutions passed by the company's shareholders at its extraordinary general meeting on 14 april 2025 to approve the managed wind-down of the company and enable compulsory redemptions of the company's ordinary shares ("shares"), the company today announces in conjunction with the publication of its interim report for the 6 months ended 30 june 2025, that it intends to return approximately gbp35,000,000 by way of a further compulsory redemption of shares (the "second redemption") after close of business on 7 october 2025 (the "redemption date"). the second redemption will be effected at a price per share equal to the prevailing net asset value per share as at the redemption date. the second redemption follows the company’s first compulsory redemption completed in july 2025 which returned gbp70 million to shareholders. the number of shares to be redeemed will be redeemed pro rata to holdings of shares on the company’s register of members at close of business on the redemption date and will be paid to shareholders in sterling. as at today's date, the company has 26,334,015 shares in issue with voting rights and 11,752,246 shares held in treasury. for illustrative purposes only, if the redemption price was equal to the prevailing net asset value per share as at the date of this announcement, being 162.06 pence per share, a holder of 100,000 shares would have 82,011 shares redeemed, and receive gbp132,907 in cash. fractions of shares will not be redeemed and so the number of shares to be compulsorily redeemed from each shareholder will be rounded down to the nearest whole number of shares. final calculations of the number of shares to be redeemed and confirmation of the redemption price will be announced shortly after the redemption date. payments of redemption monies are expected to be effected either through crest (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) on 21 october 2025, or as soon as practicable thereafter. share certificates currently in issue will be superseded by new share certificates for the balance of the relevant shareholdings in the company and will be distributed to certificated shareholders with the cheque in respect of their redemption monies. all shares that are redeemed will be cancelled. accordingly, once redeemed, such shares will be incapable of transfer by shareholders or sale or transfer by the company. the shares will be disabled in crest after close of business on the redemption date and the existing isin number, gg00bt26k977, (the "old isin") will expire. the new isin number, gg00bvn74803, (the "new isin") in respect of the remaining shares, which will not have been redeemed, will be enabled and available for transactions after 8.00 a.m. on 8 october 2025. up to and including the redemption date, the shares will continue to be traded under the old isin and as such, a purchaser of such shares who was not on the register as at the record date for the second redemption would have a market claim for a proportion of the redemption proceeds following the activation of the new isin. crest will automatically transfer any open transactions as at the redemption date to the new isin. shareholders should note that the board retains absolute discretion as to the execution, extent and timing of any further redemptions. expected timetable for the second redemption the anticipated dates and sequence of events relating to the implementation of the second redemption are set out below: redemption record date close of business on 7 october 2025 redemption date and expiry of old isin after close of business on 7 october 2025 announcement of completion of the second redemption, redemption price and total voting rights 8 october 2025 redemption ex date 8 october 2025 new isin enabled 8 october 2025 cheques in respect of redemption monies and new share certificates to be posted to certificated shareholders 21 october 2025 crest accounts credited in respect of redemption monies to be paid to uncertificated shareholders 21 october 2025 capitalised terms used but not defined in this announcement will have the same meaning as set out in the circular of the company published on 19 march 2025, unless the context indicates otherwise new isin gg00bvn74803 sedol bvn7480 tidm wkof for further information, please contact: weiss asset management lp (investment manager) andrew daly eric ruiz rachel lehman                    +1 (617) 778-7780 singer capital markets advisory llp james maxwell, james fischer, anthony debson, samed ethemi (corporate finance) alan geeves, james waterlow, sam greatrex (sales)                +44 (0) 20 7496 3000 northern trust international fund administration services (guernsey) limited                 +44 (0) 1481 745001 company secretary a copy of this announcement will be available on the company's website at  https://www.weisskoreaopportunityfund.com. neither the content of the company's website, nor the content on any website accessible from hyperlinks on its website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the company. this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact  rns@lseg.com  or visit  www.rns.com . rns may use your ip address to confirm 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