Holding(s) in Company

Weiss Korea Opportunity Fund

24/01/2014 09:36

RNS Number : 4560Y

Weiss Korea Opportunity Fund Ltd

24 January 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
23-January-2014
6. Date on which issuer notified:
23-January-2014
7. Threshold(s) that is/are crossed or
reached: vi, vii
Situation previous to transaction: Below 9%;
Resulting situation after transaction: 9.61%


 

8. Notified details:
A: Voting rights attached to sharesviii, 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
7,700,000
7,700,000
N/A
7.33%
N/A
Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.
0
0
1,290,000
1,290,000
N/A
1.23%
N/A
Chalkstream Investment Fund (International), Ltd.
0
0
1,100,000
1,100,000
N/A
1.05%
N/A
Total
0
0
10,090,000
10,090,000
N/A
9.61%
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
10,090,000
9.61%


 

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.: 7,700,000 shares (7.33%)
Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.: 1,290,000 shares (1.23%)
Chalkstream Investment Fund (International), Ltd.: 1,100,000 shares (1.05%)
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:
+1 212 707-6100


 

[1] Chalkstream Capital Group, L.P. is acting in its capacity as (i) investment adviser to Chalkstream Investment Fund, L.P., (ii) investment subadvisor to the Chalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P, and (iii) investment adviser to Chalkstream Investment Fund (International), Ltd. 

This information is provided by RNS

The company news service from the London Stock Exchange

 
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