Director/PDMR Shareholding (4675D)

TIDMPACL

RNS Number : 4675D

Pacific Alliance China Land Limited

16 May 2012

Pacific Alliance China Land Limited

Share Dealings

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

The Company has been informed on 14 May 2012 that Mr. Paul Cheng, director of the Company, disposed of 249,176 of the Company's Ordinary Shares at an average price of US$1.40 per share, and tendered 18,000 of the Company's Ordinary Shares at a price of US$1.09 per share on 9 July 2009, 16,920 of the Company's Ordinary Shares at a price of US$1.12 per share on 22 January 2010, and 15,904 of the Company's Ordinary Shares at a price of US$1.43 per share on 28 October 2010, in each of the Company's 6% public tender offers.

As a result of this latest disposal, Mr. Cheng is no longer interested in the Company's Ordinary Shares.

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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