Pacific Alliance China Land Limited Holding(s) in Company (0994J)
December 15 2015 - 5:11AM
UK Regulatory
TIDMPACL
RNS Number : 0994J
Pacific Alliance China Land Limited
15 December 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying Pacific Alliance China Land Ltd
issuer
of existing shares to which voting rights
are
attached: (ii)
---------------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights
------------------------------------------------------------------------------------------------------------------
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
------------------------------------------------------------------------------------------------------------------
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
------------------------------------------------------------------------------------------------------------------
An event changing the breakdown of voting rights
------------------------------------------------------------------------------------------------------------------
Other (please As of 26-Nov-2015, the percentage of voting rights X
specify): includes financial instruments with similar economic
effect to Qualifying Financial Instruments as
a result of the implementation of Directive 2013/50/EU
("TD2") in the United Kingdom.
------------------------------------------------------ ----------------------------------------------------------
3. Full name of person(s) subject Weiss Asset Management LP
to the
notification obligation: (iii)
-------------------------------------------------------- ------------------------------------------------------------
4. Full name of shareholder(s) Brookdale International Partners, L.P.,
(if different from 3.):(iv) Brookdale Global Opportunity Fund(1)
-------------------------------------------------------- ------------------------------------------------------------
5. Date of the transaction and date Nov-26-2015
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------------------- ------------------------------------------------------------
6. Date on which issuer notified: Dec-14-2015
-------------------------------------------------------- ------------------------------------------------------------
7. Threshold(s) that is/are crossed > 10%, 5%
or
reached: (vi, vii)
-------------------------------------------------------- ------------------------------------------------------------
(1) Weiss Asset Management LP is the Investment Manager to
Brookdale Global Opportunity Fund and Brookdale International
Partners, L.P.
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 triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- -------------------------------- ---------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
------------- --------------- --------------- ------------- ------------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ----------- ------------- ------------ ----------- ------------ -------------
KYG6846Y1035 3,653,063 3,653,063 3,753,063 3,753,063 n/a 3.61 % n/a
------------- --------------- --------------- ------------- ------------ ----------- ------------ -------------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion Period rights that may rights
instrument (xiv) be
acquired if the
instrument is
exercised/ converted.
----------------- ------------- ------------------------------ --------------------------- -----------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
--------------- ------------- ------------- --------------- --------------------------- -------------------------
n/a n/a n/a Nominal Delta
------------- ------------- ------------- --------------- ------------ -----------
CFD 6,750,000 6.50 n/a
--------------- ----------- ----------- ----------- --------------------------- ------------ -----------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
10,503,063 10.11 %
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------------------------------------------
Brookdale International Partners, L.P.: 7,466,085 voting rights/financial
instruments (7.18 %)
Brookdale Global Opportunity Fund: 3,036,978 voting rights/financial
instruments (2.92 %)
Proxy Voting:
--------------------------------------------------------------------------------------------------------------------
10. Name of the proxy holder:
------------------------------------------------------------------------ ------------------------------------------
11. Number of voting rights proxy holder will
cease
to hold:
------------------------------------------------------------------------ ------------------------------------------
12. Date on which proxy holder will cease to
hold
voting rights:
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Please note: This notification is
13. Additional information: being furnished to the issuer pursuant
to Article 24.1 of the issuer's Articles
of Association dated 29 October 2007.
It is provided on a TR-1 form for
convenience purposes only and is not
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