18 Feb 2016 14:52
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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 | Β | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | X | ||||
An event changing the breakdown of voting rights | Β | ||||
Other (please specify): | Β | Β | |||
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 Β | % of voting rights xix, xx Β | |||||||||||
Β CFD Β | n/a Β | n/a Β | n/a Β | Β 5,750,000 Β | 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 | ||
Β 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: | Β | |
11. Number of voting rights proxy holder will ceaseto hold: | Β | |
12. Date on which proxy holder will cease to holdvoting rights: | Β | |
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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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