Director Shareholding
July 20 2010 - 12:05PM
UK Regulatory
TIDMPACL
20 July 2010
Pacific Alliance China Land Limited
Director Dealing
Pacific Alliance China Land Limited ("the Company" or "PACL") announces the
following dealings in the Company.
The Company was informed that on 13 July 2010, Pacific Alliance Real Estate
Limited ("PARE"), the Company's investment manager, disposed of 1,163,227
ordinary shares of $0.01 each ("Ordinary Shares") at a value of $0.93 per
Ordinary Share to Mr. Chris Gradel, a director of the Company.
As a result of this transaction, Mr. Gradel is directly interested in 2,250,427
of the Company's Ordinary Shares which represents 1.55% of the Company's total
voting rights, and has an indirect interest in 1,427,447 of the Company's
Ordinary Shares held by PARE which represent 0.99% of the Company's total voting
rights.
For more information please contact:
MANAGER: LEGAL COUNSEL:
Chris Gradel, Managing Partner Jon Lewis, General Counsel
Pacific Alliance Group Pacific Alliance Group
16/F St. John's Building 16/F St. John's Building
33 Garden Road 33 Garden Road
Central, Hong Kong Central, Hong Kong
Tel: +852 29180088 Tel: +852 29180088
Fax: +852 29180881 Fax: +852 29180881
cgradel@pacific-alliance.com jlewis@pacific-alliance.com
BROKER: NOMINATED ADVISER:
Hiroshi Funaki Philip Secrett
LCF Edmond de Rothschild Securities Grant Thornton Corporate Finance
Tel: +44 20 7845 5960 Tel: +44 20 7383 5100
Fax: +44 20 7845 5961 Philip.J.Secrett@gtuk.com
funds@lcfr.co.uk
MEDIA RELATIONS:
Sophie Hoggarth
Pacific Alliance Group
Tel: +86 21 61135818
shoggarth@pacific-alliance.com
Financial Dynamics, London
Andrew Walton
Tel: +44 207 269 7100
Financial Dynamics, Asia
Alastair Hetherington/Christine Wood
Tel: +852 3716 9800
[HUG#1432989]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Pacific Alliance China Land Limited via Thomson Reuters ONE
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