Pacific Alliance China Land Limited Share Dealings (7434U)
January 03 2013 - 3:37AM
UK Regulatory
TIDMPACL
RNS Number : 7434U
Pacific Alliance China Land Limited
03 January 2013
3 January 2013
Pacific Alliance China Land Limited
Share Dealings
Pacific Alliance China Land Limited ("PACL" or the "Company")
(AIM: PACL) the closed-end investment company admitted to trading
on AIM, today announces that on 31 December 2012, pursuant to the
Company's Share Purchase Policy, PACL Trading Limited, a
wholly-owned subsidiary of the Company, purchased a total of
140,741 Ordinary Shares of US$0.01 each at an average price of
US$1.5601 per share.
Following this transaction, PACL Trading Limited holds a total
of 57,753,320 held to replicate treasury shares, which represents
30.42 percent of the Company's 189,833,893 Ordinary Shares in issue
and as a result, total voting rights in the Company have been
reduced to 132,080,573.
For further information, please contact:
MANAGER: LEGAL COUNSEL:
Patrick Boot, Managing Partner Jon Lewis, General Counsel
Pacific Alliance Real Estate Limited PAG
15/F, AIA Central 15/F, AIA Central
1 Connaught Road 1 Connaught Road
Central, Hong Kong Central, Hong Kong
T: (852) 2918 0088 T: (852) 2918 0088
F: (852) 2918 0881 F: (852) 2918 0881
pboot@pagasia.com jlewis@pagasia.com
-------------------------------------- ----------------------------------
BROKER: NOMINATED ADVISER:
Hiroshi Funaki Philip Secrett
Edmond de Rothschild Securities Grant Thornton Corporate 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$289.08
millionas at 30 November 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 320 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
END
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