Pacific Alliance China Land Limited Share Purchase Program During Close Period (4975Y)

TIDMPACL

RNS Number : 4975Y

Pacific Alliance China Land Limited

22 February 2013

Pacific Alliance China Land Limited

Share Purchase Program During Close Period

Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL) is due to enter a close period ahead of the publication of the Company's annual financial results for the year ending 31 December 2012. Pursuant to the Share Purchase Program announced on 22 November 2012, the Company has appointed Edmond de Rothschild Securities to manage an irrevocable, non-discretionary share buy-back program during the close period, at which time the Company and its directors will have no power to invoke any change to the share buy-back program and purchases will be executed at the sole discretion of Edmond de Rothschild Securities.

For more 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 
  Edmond de Rothschild Securities    Grant Thornton Corporate 
  T: (44) 20 7845 5960               Finance 
  F: (44) 20 7845 5961               T: (44) 20 7383 5100 
  funds@lcfr.co.uk                   Philip.J.Secrett@uk.gt.com 
---------------------------------  ---------------------------- 
 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$298.46 million as at 31 January 2013. 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

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