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Share Dealings

8 Oct 2013 07:36

RNS Number : 8905P
Pacific Alliance China Land Limited
08 October 2013
 



8 October 2013

Pacific Alliance China Land Limited

Share Dealings

Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL), the closed-end investment company admitted to trading on AIM, today announces that on 4 October 2013, pursuant to the Company's Share Purchase Policy, PACL Trading Limited, a wholly-owned subsidiary of the Company, purchased a total of 1,540,832 Ordinary Shares of US$0.01 each at an average price of US$1.6948 per share.

Following this transaction, PACL Trading Limited holds a total of 60,045,945 held to replicate treasury shares, which represents 31.63 percent of the Company's 189,833,893 Ordinary Shares in issue and as a result, total voting rights in the Company have been reduced to 129,787,948.

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

Edmond de Rothschild Securities

T: (44) 20 7845 5960

F: (44) 20 7845 5961

funds@lcfr.co.uk

 

NOMINATED ADVISER:

Philip Secrett

Grant Thornton UK LLP

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$312.59 millionas at 31 August 2013. 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 Pacific Alliance China Land Limited, 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 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
 
END
 
 
MSCLLFFLIALDIIV
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