WEISS KOREA OPPORTUNITY FUND - Holding(s) in Company

PR Newswire

For filings with the FCA include the annexFor filings with issuer exclude the annexTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi1. Identity of the issuer or the underlying issuer               Weiss Korea Opportunityof existing shares to which voting rights are                                  Fund Ltd.attached:ii2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights                                        XAn acquisition or disposal of qualifying financial instruments which mayresult in the acquisition of shares already issued to which voting rights areattachedAn acquisition or disposal of instruments with similar economic effect toqualifying financial instrumentsAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the                  Chalkstream Capital Group, L.P.notification obligation:iii                                                               (i) Chalkstream Investment                                                                              Fund, L.P.                                                               (ii) Chalkstream Insurance4. Full name of shareholder(s)                                    Fund Series of the SALI (if different from 3.):iv                                        Multi-Series Fund, L.P.                                                             (iii) Chalkstream Investment                                                              Fund (International), Ltd.5. Date of the transaction and date onwhich the threshold is crossed or                                          11-August-2014reached: v6. Date on which issuer notified:                                          11-August-20147. Threshold(s) that is/are crossed or       Situation previous to transaction:  above 7%;reached: vi, vii                              Resulting situation after transaction: 6.94%8. Notified details:A: Voting rights attached to shares viii, ixPurchaser        Class/type    Situation previous       Resulting situation after the triggering transaction                 of            to the triggering                 shares        transaction                               Number      Number       Number         Number of voting        % of  voting                 if possible   of          of           of shares      rights                  rights x                    using      Shares      Voting                   the ISIN                Rights       Direct         Direct xi     Indirect  Direct  Indirect                     CODE                                                               xii  ChalkstreamInvestment Fund,               5,696,810   5,696,810    5,563,310      5,563,310      N/A      5.30%   N/A      L.P.                 GG00B933LL68  Chalkstream Insurance FundSeries Interests                 954,400     954,400      932,000        932,000      N/A      0.89%   N/A  of the SALI  Multi-Series   Fund, L.P.  ChalkstreamInvestment Fund                  813,790     813,790      794,690        794,690      N/A      0.71%   N/A(International),      Ltd.     Total                      7,465,000   7,465,000    7,290,000      7,290,000     N/A      6.94%   N/AB: Qualifying Financial InstrumentsResulting situation after the triggering transactionType of financial    Expiration    Exercise/                 Number of voting                     % of votinginstrument           date xiii     Conversion Period xiv     rights that may be                   rights                                                             acquired if the                                                             instrument is                                                             exercised/ converted.C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xviResulting situation after the triggering transactionType of financial Exercise price  Expiration date  Exercise/           Number of voting rights  % of votinginstrument                        xvii             Conversion period   instrument refers to     rights xix, xx                                                   xviii                                                                                                Nominal   DeltaTotal (A+B+C)Number of voting rights                     Percentage of voting rights7,290,000                                   6.94%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxiChalkstream Investment Fund, L.P.: 5,563,310 shares (5.30%)Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund,L.P.:  932,000 shares (0.89%)Chalkstream Investment Fund (International), Ltd.: 794,690 shares (0.71%)Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will ceaseto hold:12. Date on which proxy holder will cease to holdvoting 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.                                                                          Xiao-Hong Jing14. Contact name:                                              Chief Compliance Officer,                                                         Chalkstream Capital Group, L.P.15. Contact telephone number:                                            +1 212 707-6100Chalkstream Capital Group, L.P. is acting in its capacity as (i) investmentadviser to Chalkstream Investment Fund, L.P., (ii) investment subadvisor to theChalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P, and (iii)investment adviser to Chalkstream Investment Fund (International), Ltd.