Pacific Alliance China Land Limited Holding(s) in Company (3950L)
August 09 2013 - 9:07AM
UK Regulatory
TIDMPACL
RNS Number : 3950L
Pacific Alliance China Land Limited
09 August 2013
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or PACIFIC ALLIANCE CHINA
the underlying issuer LAND
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
------------------------------------------------------------- ------------------------------
An event changing the breakdown of voting rights
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Other (please specify): Position reclassified X
as a client position
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3. Full name of person(s) Lehman Brothers International
subject to the (Europe) (in administration)
notification obligation:
(iii)
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4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction Not Available i
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ----------------------------------
6. Date on which issuer 06/08/13
notified:
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i Given the status of Lehman Brothers International (Europe) (in
administration) ("LBIE"),
information relating to the positions held by LBIE has been
difficult to ascertain, which has
resulted in the delay in being able to make the required
notification. Furthermore in this case, it
has not been possible to determine the precise circumstances in
which the threshold was crossed
and the timing of crossing the threshold. In preparing this
notification, Lehman Brothers In Administration ("LBIA") has
reviewed such information as is readily available to it from a
range of records and the information provided herein is provided on
the basis of the information in those records.
7. Threshold(s) that is/are Below 3% ii
crossed or
reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
--------------- ------------------------- --------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
--------------- ----------- ------------ ------------ -------------------- --------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ----------- ------------ ------------ ------- ----------- -------- ----------
Below Below Below
KYG6846Y1035 11,957,770 11,957,770 3% 3% n/a 3%
----------- ------------ ------------ ------- ----------- -------- ----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
--------------- ----------- -------------------------- -------------------- --------------------
n/a
--------------- ----------- -------------------------- -------------------- --------------------
ii As you may be aware, AV Lomas, SA Pearson, PD Copley,
R Downs and JG Parr each a partner of PricewaterhouseCoopers
LLP were appointed as Joint Administrators of Lehman
Brothers International (Europe) (in administration)
("LBIE") to manage its affairs, business and property
as agents without personal liability. As a result of
the circumstances of LBIE's administration, LBIE's records
may not reflect an accurate statement of its holding
in shares of the company. Discrepancies may arise, for
example, as a result of trades which were executed prior
to the administration of LBIE not being settled as between
the parties post-administration, and as a result of
the termination of contracts between LBIE and its counterparties
(e.g. derivatives transactions under master agreements,
and the liquidation of positions by third parties).
In addition, Lehman Brothers In Administration ("LBIA")
employees with knowledge relevant to the holdings may
no longer work with LBIE's business. In preparing this
form, LBIE has reviewed such information as is readily
available to it from a range of LBIE records and the
information provided herein is provided on the basis
of the information in those records.
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C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- ----------- ------------ ------------ -------------------- --------------------
n/a Nominal Delta
--------------- ----------- ------------ ------------ -------------------- -------- ----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------ --------------------------------------------------------
Below 3% Below 3%
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9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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n/a
Proxy Voting:
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10. Name of the proxy holder: n/a
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11. Number of voting rights proxy n/a
holder will cease
to hold:
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12. Date on which proxy holder will n/a
cease to hold
voting rights:
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13. Additional information: n/a
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14. Contact name: Latifa Debbarh/Amanda Ferriggi
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0203 036 2516 / 0203 036
15. Contact telephone number: 2075
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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