Pacific Alliance China Land Ltd announces an Equity Buyback for $55 million worth of shares.
December 14, 2018 at 12:00 am
Pacific Alliance China Land Ltd (AIM:PACL) announces a share repurchase program. Under the program, the company will repurchase up to $55 million worth of shares, at a price of $2.64 per share. The record date for the offer is December 21, 2018.
Henry Freeman from Liberum Capital Limited acted as broker, Jon Lewis from PAG acted as legal advisor and Patrick Boot from Pacific Alliance Real Estate Limited acted as manger to the company.