Pacific Alliance China Land Limited Share Purchase Program During Close Period (1620I)

TIDMPACL

RNS Number : 1620I

Pacific Alliance China Land Limited

28 June 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 announcement of the Company's unaudited Net Asset Value per Share for the month of June 2013. Pursuant to the Share Purchase Program announced on 28 June 2013, 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 Partner    Jon Lewis, Group General 
  Pacific Alliance Real Estate      Counsel 
  Limited                           PAG 
  T: (852) 2918 0088                T: (852) 2918 0088 
  pboot@pagasia.com                 jlewis@pagasia.com 
 BROKER:                           NOMINATED ADVISER: 
  Hiroshi Funaki                    Philip Secrett 
  LCF Edmond de Rothschild          Grant Thornton UK LLP 
  Securities                        Tel: (44) 20 7383 5100 
  Tel: (44) 20 7845 5960            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$301.36 million as at 31 May 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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