16 May 2012 10:58
16 May 2012
Pacific Alliance China Land Limited
Share Dealing
Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL) announces the following dealing in the Company.
The Company has been informed on 14 May 2012 that Mr. Horst Geicke, a director of the Company purchased 120,588 of the Company's Ordinary Shares at an average price of US$1.40 per share.
As a result of this transaction, Mr. Geicke is directly interested in 1,641,715 of the Company's Ordinary Shares, representing 1.17% of the Company's total voting rights, and indirectly interested in 2,211,342 of the Company's Ordinary Shares held by Pacific Alliance Real Estate Limited and its affiliates, representing 1.58% of the Company's total voting rights.
For further information, please contact:
MANAGER: Patrick Boot, Managing Partner Pacific Alliance Real Estate Limited 15/F, AIA Central 1 Connaught Road Central, Hong Kong T: (852) 2918 0088 F: (852) 2918 0881 pboot@pagasia.com
| LEGAL COUNSEL: Jon Lewis, General Counsel PAG 15/F, AIA Central 1 Connaught Road Central, Hong Kong T: (852) 2918 0088 F: (852) 2918 0881 jlewis@pagasia.com |
BROKER: Hiroshi Funaki LCF Edmond de Rothschild Securities T: (44) 20 7845 5960 F: (44) 20 7845 5961 funds@lcfr.co.uk
| NOMINATED ADVISER: Philip Secrett Grant Thornton Corporate Finance T: (44) 20 7383 5100 Philip.J.Secrett@uk.gt.com |
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$295.1 million as at 30 April 2012. 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 260 staff working in the region.
For more information about PAG, please visit: www.pagasia.com