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,notification obligation:iii                                                         L.P.                                                              (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                                         19-August-2014reached: v6. Date on which issuer notified:                                         19-August-2014                                                                   Situation previous to7. Threshold(s) that is/are crossed or                           transaction:  above 6%;reached: vi, vii                                               Resulting situation after                                                                      transaction: 5.99%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,              5,563,310    5,563,310    4,660,810       4,660,810    N/A        4.44%     N/A      L.P.       GG00B933LL68  Chalkstream Insurance FundSeries Interests               932,000      932,000       907,500         907,500    N/A        0.86%     N/A  of the SALI  Multi-Series   Fund, L.P.  ChalkstreamInvestment Fund                794,690      794,690       721,690         721,690    N/A        0.69%     N/A(International),      Ltd.     Total                    7,290,000    7,290,000     6,290,000       6,290,000   N/A        5.99%     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                                                                          instrument                % of voting                                                                                                    rights xix, xxinstrument                         xvii              Conversion period    refers to                                                     xviii                                    Nominal DeltaTotal (A+B+C)Number of voting rights                        Percentage of voting rights    6,290,000                                              5.99%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxiChalkstream Investment Fund, L.P.: 4,660,810 shares (4.44%)Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund,L.P.:  907,500 shares (0.86%)Chalkstream Investment Fund (International), Ltd.: 721,690 shares (0.69%)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:                                            +1 212 707-6100 Chalkstream 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.