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Holding(s) in Company

18 Feb 2016 14:52

RNS Number : 5048P
Pacific Alliance China Land Limited
18 February 2016
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Pacific Alliance China Land Ltd

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

An event changing the breakdown of voting rights

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Other (please specify):

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3. Full name of person(s) subject to thenotification obligation: iii

Weiss Asset Management LP

4. Full name of shareholder(s)Β (if different from 3.):iv

Brookdale International Partners, L.P., Brookdale Global Opportunity Fund

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

Feb-12-2016

6. Date on which issuer notified:

Feb-17-2016

7. Threshold(s) that is/are crossed orreached: vi, vii

n/a

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8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

KYG6846Y1035

3,753,063

3,753,063

4,753,063

4,753,063

n/a

4.57 %

n/a

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B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

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% of voting rights xix, xx

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CFD

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n/a

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n/a

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n/a

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5,750,000

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Nominal

Delta

5.53

n/a

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Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,503,063

10.11 %

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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

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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 %)

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Proxy Voting:

10. Name of the proxy holder:

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11. Number of voting rights proxy holder will ceaseto hold:

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12. Date on which proxy holder will cease to holdvoting rights:

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13. Additional information:

Please note: This notification is 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 being filed with the FCA.Β 

14. Contact name:

Michael Szkodzinski

15. Contact telephone number:

+1-617-778-7758

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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