13 Oct 2015 13:33
WEISS KOREA OPPORTUNITY FUND - Holding(s) in CompanyWEISS KOREA OPPORTUNITY FUND - Holding(s) in Company
PR Newswire
London, October 13
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 LIMITED | ||||
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 (Tender Offer) | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to the notification obligation: iii | ADVANCE DEVELOPING MARKETS FUND LTD | ||||
4. Full name of shareholder(s) (if different from 3.):iv | NORTRUST NOMINEES LIMITED | ||||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 12 October 2015 | ||||
6. Date on which issuer notified: | 13 October 2015 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii | >12% | ||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type of shares if possible using the ISIN CODE | 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 | |||||||||||||
ORDINARY SHARES | 10,227,000 | 10,227,000 | 12,277,000 | 12,277,000 | n/a | 12.59% | 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 | ||||||||||||
Nil | Nominal | Delta | |||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
12,277,000 | 12.59% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
n/a | ||
Proxy Voting: | ||
10. Name of the proxy holder: | n/a | |
11. Number of voting rights proxy holder will cease to hold: | n/a | |
12. Date on which proxy holder will cease to hold voting rights: | n/a | |
13. Additional information: | Advance Emerging Capital Ltd is investment manager to Advance Developing Markets Fund Ltd | |
14. Contact name: | Anthony Lee | |
15. Contact telephone number: | 020 7490 4355 | |