Holding(s) in Company

RNS Number : 5550K

Weiss Korea Opportunity Fund Ltd

25 June 2014

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Weiss Korea Opportunity Fund Ltd.
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Chalkstream Capital Group, L.P.
4. Full name of shareholder(s)  (if different from 3.):iv		(i) Chalkstream Investment Fund, L.P. (ii) Chalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P. (iii) Chalkstream Investment Fund (International), Ltd.
5. Date of the transaction and date on which the threshold is crossed or reached: v		17-June-2014
6. Date on which issuer notified:		25-June-2014
7. Threshold(s) that is/are crossed or reached: vi, vii		Situation previous to transaction:  above 9%; Resulting situation after transaction: 8.18%

8. Notified details:

A: Voting rights attached to shares viii, ix

Purchaser

Class/type of shares if possible using the ISIN CODE GG00B933LL68

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Chalkstream Investment Fund, L.P.

0

0

6,555,300

6,555,300

N/A

6.24%

N/A

Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.

0

0

1,098,230

1,098,230

N/A

1.05%

N/A

Chalkstream Investment Fund (International), Ltd.

0

0

936,470

936,470

N/A

0.89%

N/A

Total

0

0

8,590,000

8,590,000

N/A

8.18%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

8,590,000

8.18%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Chalkstream Investment Fund, L.P.: 6,555,300 shares (6.24%) Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.:  1,098,230 shares (1.05%) Chalkstream Investment Fund (International), Ltd.: 936,470 shares (0.89%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Note: This notification is being furnished to the issuer pursuant to Article 15.1 of the issuer's Articles of Association dated as of 23 January 2014, and is being sent on a Form TR-1 for convenience purposes.
14. Contact name:	Xiao-Hong Jing Chief Compliance Officer, Chalkstream Capital Group, L.P.
15. Contact telephone number:	[phone]

 

END

 

 

HOLBUGDLLXDBGSU