PR Newswire
London, June 22
For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
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.[1] | ||||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 19-June-2015 | ||||
6. Date on which issuer notified: | 22-June-2015 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii | Situation previous to transaction: above 3%; Resulting situation after transaction: 2.91% | ||||
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. | 2,779,777 | 2,779,777 | 2,147,047 | 2,147,047 | N/A | 2.04% | N/A | ||||||||||||
Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P. | 696,364 | 696,364 | 537,864 | 537,864 | N/A | 0.51% | N/A | ||||||||||||
Chalkstream Investment Fund (International), Ltd. | 477,859 | 477,859 | 369,089 | 369,089 | N/A | 0.35% | N/A | ||||||||||||
Total | 3,954,000 | 3,954,000 | 3,054,000 | 3,054,000 | N/A | 2.91% | 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 | ||||||||||||||||||
3,054,000 | 2.91% | ||||||||||||||||||
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.: 2,147,047 shares (2.04%) Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.: 537,864 shares (0.51%) Chalkstream Investment Fund (International), Ltd.: 369,089shares (0.35%) | ||
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 11 September 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.