Pacific Alliance Asia Opp Fd Ld Share Purchase Program During Close Period (4991Y)

TIDMPAX

RNS Number : 4991Y

Pacific Alliance Asia Opp Fd Ld

22 February 2013

Pacific Alliance Asia Opportunity Fund Limited

Share Purchase Program During Close Period

Pacific Alliance Asia Opportunity Fund Limited ("PAX" or the "Company") (AIM: PAX) is due to enter a close period ahead of the publication of the Company's annual financial results for the year ending 31 December 2012. Pursuant to the Share Purchase Program announced on 31 January 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: 
  Chris Gradel, Managing             Jon Lewis, General Counsel 
  Partner                            PAG 
  Pacific Alliance Investment        15/F, AIA Central 
  Management                         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 
  cgradel@pagasia.com 
---------------------------------  ---------------------------- 
 BROKER:                            NOMINATED ADVISER: 
  Hiroshi Funaki                     Philip Secrett 
  Edmond de Rothschild Securities    Grant Thornton Corporate 
  T: (44) 20 7845 5960               Finance 
  F: (44) 20 7845 5961               T: (44) 20 7383 5100 
  funds@lcfr.co.uk                   Philip.J.Secrett@uk.gt.com 
---------------------------------  ---------------------------- 
 MEDIA RELATIONS: 
  Stephanie Barry 
  PAG 
  T: (852) 3719 3375 
  sbarry@pagasia.com 
---------------------------------  ----------------------------

About Pacific Alliance Asia Opportunity Fund Limited

Pacific Alliance Asia Opportunity Fund Limited (AIM: PAX) is a closed-end investment company with net assets of US$169.52 million as at 31 January 2013. PAX was admitted to trading on the AIM Market of the London Stock Exchange in September 2006. PAX is focused on investing in distressed credit, private equity secondaries, activist investments and other opportunities offering the possibility of unlocking the underlying value of a company or asset across the Asian markets.

For more information about Pacific Alliance Asia Opportunity Fund Limited, please visit: www.pax-fund.com

Pacific Alliance Asia Opportunity Fund 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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