Pacific Alliance Asia Opp Fd Ld Tender Price (3991P)

TIDMPAX

RNS Number : 3991P

Pacific Alliance Asia Opp Fd Ld

18 August 2014

Pacific Alliance Asia Opportunity Fund Limited

Tender Price

Pacific Alliance Asia Opportunity Fund Limited (AIM: PAX) announces that further to the announcement in respect of the Tender Offer on 31 July 2014, the Tender Price for the Tender Offer is US$1.66.

As stated in the Tender Offer Circular, the Tender Price is equal to the unaudited Net Asset Value per Ordinary Share as at 31 July 2014.

The last time and date for receipt of Tender Forms is 12.00 midnight (UK time) on Thursday, 28 August 2014.

For further information, please contact:

 
 MANAGER:                           LEGAL COUNSEL: 
  Chris Gradel, Managing             Jon Lewis, Group General 
  Partner                            Counsel 
  Pacific Alliance Investment        PAG 
  Management                         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                 jlewis@pagasia.com 
  cgradel@pagasia.com 
---------------------------------  ---------------------------- 
 BROKER:                            NOMINATED ADVISER: 
  Hiroshi Funaki                     Philip Secrett 
  Edmond de Rothschild Securities    Grant Thornton UK LLP 
  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 Asia Opportunity Fund Limited

Pacific Alliance Asia Opportunity Fund Limited (AIM: PAX) is a closed-end investment company with net assets of US$167 million as at 31 July 2014. PAX was admitted to trading on the AIM Market of the London Stock Exchange in September 2006 and is a feeder fund for Pacific Alliance Asia Opportunity Fund L.P. (the "Master Fund"). The Master Fund's investment objective is to generate superior risk adjusted returns through investing in the most attractive opportunities in the Asian markets. The Master Fund is opportunistic and dynamic with respect to the strategies it employs and invests across the capital structure in search of the best risk adjusted returns. It pursues distressed credit, special situations, arbitrage and origination strategies, concentrating on mispricings rather than directional exposure.

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 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

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