Pacific Alliance China Land Limited Share Dealing (3878D)

TIDMPACL

RNS Number : 3878D

Pacific Alliance China Land Limited

28 January 2015

Pacific Alliance China Land Limited

Share Dealings

Pacific Alliance China Fund Limited ("PACL" or the "Company") (AIM: PACL), the closed-end investment company admitted to trading on AIM, today announces the following dealings in the Company.

The Company has been informed on 27 January 2015, Pacific Alliance Real Estate Limited ("PARE"), the Company's investment manager and its affiliates, transferred a total of 176,549 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 3,883,509 of the Company's Ordinary Shares which represents 3.42 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 1.60 per cent. of the Company's total voting rights, and he has an indirect interest in 3,883,509 of the Company's Ordinary Shares, representing 3.42 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 3,883,509 of the Company's Ordinary Shares, representing 3.42 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             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 
---------------------------------  ---------------------------- 
 FINANCIAL ADVISER AND              NOMINATED ADVISER: 
  BROKER:                            Philip Secrett 
  Hiroshi Funaki                     Grant Thornton UK LLP 
  Edmond de Rothschild Securities    T: (44) 20 7383 5100 
  T: (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 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 managed by 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 300 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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