27th Jan 2014 07:00
27 January 2014
Pacific Alliance China Land Limited
Share Dealings
Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL) announces the following dealings in the Company.
The Company has been informed on 24 January 2014 that Mr. Horst Geicke, a director of the Company purchased 100,000 of the Company's Ordinary Shares at an average price of US$1.73 per share.
As a result of the transaction, Mr. Geicke is directly interested in 1,817,400 of the Company's Ordinary Shares which represents 1.40 per cent. of the Company's total voting rights and an indirect interest in 3,476,677 of the Company's Ordinary Shares, representing 2.68 per cent. of the Company's total voting rights held by Pacific Alliance Real Estate Limited and its affiliates.
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
| 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 |
BROKER: Hiroshi Funaki LCF Edmond de Rothschild Securities T: (44) 20 7845 5960 F: (44) 20 7845 5961
| NOMINATED ADVISER: Philip Secrett Grant Thornton Corporate Finance T: (44) 20 7383 5100 |
MEDIA RELATIONS: Stephanie Barry PAG T: (852) 3719 3375
|
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$319.64 millionas at 31 December 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 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 320 staff working in the region.
For more information about PAG, please visit: www.pagasia.com
Related Shares:
PACL.L