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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pacific Alliance China Land Limited | LSE:PACL | London | Ordinary Share | KYG6846Y1035 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.18 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPACL
RNS Number : 2465S
Pacific Alliance China Land Limited
22 June 2018
22 June 2018
Pacific Alliance China Land Limited
Update: Mandatory Share Repurchase
Pacific Alliance China Land Limited ("PACL" or the "Company"), (AIM: PACL), the closed-end investment company admitted to trading on AIM, today announces that further to its announcement of 14 June 2018 regarding the distribution of US$78 million to shareholders by way of a mandatory share repurchase, the Company has repurchased and cancelled 27,272,727 (approximately 53.7%) of the Company's ordinary shares leaving a total of 23,486,409 ordinary shares issued and outstanding.
For further information please contact:
MANAGER: LEGAL COUNSEL: Patrick Boot Jon Lewis Pacific Alliance Real PAG Estate Limited 15/F, AIA Central 15/F, AIA Central 1 Connaught Road 1 Connaught Road Central, Hong Kong Central, Hong Kong T: (852) 2918 0088 T: (852) 2918 0088 F: (852) 2918 0881 F: (852) 2918 0881 jlewis@pagasia.com pboot@pagasia.com ------------------------- ---------------------------- BROKER: NOMINATED ADVISER: Henry Freeman Philip Secrett Liberum Capital Limited Grant Thornton UK LLP T: (44) 20 (0) 20 3100 T: (44) 20 7383 5100 2000 Philip.J.Secrett@uk.gt.com www.liberum.com ------------------------- ----------------------------
About Pacific Alliance China Land Limited
Pacific Alliance China Land Limited ("PACL") (AIM: PACL) is a closed-end investment company 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 managed by 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 350 staff working in the region.
For more information about PAG, please visit: www.pagasia.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCLIFLARFIFFIT
(END) Dow Jones Newswires
June 22, 2018 05:16 ET (09:16 GMT)
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