TIDMPACL

RNS Number : 4561D

Pacific Alliance China Land Limited

16 May 2012

16 May 2012

Pacific Alliance China Land Limited

Share Dealing

Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL) announces the following dealing in the Company.

The Company has been informed on 14 May 2012 that Mr. Horst Geicke, a director of the Company purchased 120,588 of the Company's Ordinary Shares at an average price of US$1.40 per share.

As a result of this transaction, Mr. Geicke is directly interested in 1,641,715 of the Company's Ordinary Shares, representing 1.17% of the Company's total voting rights, and indirectly interested in 2,211,342 of the Company's Ordinary Shares held by Pacific Alliance Real Estate Limited and its affiliates, representing 1.58% of the Company's total voting rights.

For further information, please contact:

 
 MANAGER:                    LEGAL COUNSEL: 
  Patrick Boot, Managing      Jon Lewis, General Counsel 
  Partner                     PAG 
  Pacific Alliance Real       15/F, AIA Central 
  Estate Limited              1 Connaught Road 
  15/F, AIA Central           Central, Hong Kong 
  1 Connaught Road            T: (852) 2918 0088 
  Central, Hong Kong          F: (852) 2918 0881 
  T: (852) 2918 0088          jlewis@pagasia.com 
  F: (852) 2918 0881 
  pboot@pagasia.com 
--------------------------  ---------------------------- 
 BROKER:                     NOMINATED ADVISER: 
  Hiroshi Funaki              Philip Secrett 
  LCF Edmond de Rothschild    Grant Thornton Corporate 
  Securities                  Finance 
  T: (44) 20 7845 5960        T: (44) 20 7383 5100 
  F: (44) 20 7845 5961        Philip.J.Secrett@uk.gt.com 
  funds@lcfr.co.uk 
--------------------------  ---------------------------- 
 MEDIA RELATIONS: 
  Stephanie Barry 
  PAG 
  T: (852) 3719 3375 
  sbarry@pagasia.com 
--------------------------  ---------------------------- 
 

About Pacific Alliance China Land Limited

Pacific Alliance China Land Limited ("PACL") (AIM: PACL) is a closed-end investment company with net assets of US$295.1 million as at 30 April 2012. PACL was admitted to trading on the AIM Market of the London Stock Exchange in November 2007. PACL is focused on investing in a portfolio of existing properties, new developments, distressed projects and real estate companies in Greater China.

For more information about PACL, please visit: www.pacl-fund.com

Pacific Alliance China Land Limited is a member of PAG (formerly known as Pacific Alliance Group), the Asian alternative investment fund management group. Founded in 2002, PAG is now one of the region's largest Asia-focused alternative investment managers, with funds under management across Private Equity, Real Estate and Absolute Return strategies.

PAG has a presence across Asia with over 260 staff working in the region.

For more information about PAG, please visit: www.pagasia.com

This information is provided by RNS

The company news service from the London Stock Exchange

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