Pacific Alliance China Land Limited Share Dealings (7708M)
July 18 2014 - 9:55AM
UK Regulatory
TIDMPACL
RNS Number : 7708M
Pacific Alliance China Land Limited
18 July 2014
18 July 2014
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, announces the following dealings in the Company.
The Company has been informed on 17 July 2014, Pacific Alliance
Real Estate Limited ("PARE"), the Company's investment manager and
its affiliates, transferred a total of 113,050 of the Company's
ordinary shares, US$0.01 each ("Ordinary Shares") to its staff.
Following this transaction, PARE and its affiliates are
interested in 4,060,058 of the Company's Ordinary Shares which
represents 3.11 per cent. of the Company's total voting rights.
As a result of PARE's interest in the Company, Mr. Horst Geicke,
a director of the Company, is directly interested in 1,817,400 of
the Company's Ordinary Shares representing 1.39 per cent. of the
Company's total voting rights, and he has an indirect interest in
4,060,058 of the Company's Ordinary Shares, representing 3.11 per
cent. of the Company's total voting rights held by PARE and its
affiliates.
In addition, Mr. Jon-Paul Toppino, a director of the Company,
and director, President & Chief Investment Officer of PARE, has
an indirect interest in 4,060,058 of the Company's Ordinary Shares,
representing 3.11 per cent. of the Company's total voting rights
held by PARE and its affiliates.
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$295.63
millionas at 30 June 2014. 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 340 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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