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Pin to quick picksMacau Property Regulatory News (MPO)

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Macau Property Opportunities is an Investment Trust

To deliver cost-effective and timely divestments of remaining properties, and to deliver further returns of capital to shareholders.

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Director/PDMR Shareholding

26 Sep 2012 10:14

RNS Number : 1877N
Macau Property Opportunities Fund
26 September 2012
 



26 September 2012

 

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Director Shareholding

 

 

The Board of the Company received notification today that Chris Russell, a director of the Company, acquired on 25 September 2012, 21,048 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 110.00p per Ordinary Share.

 

Following this acquisition, Mr Russell has a beneficial interest in the Company of 152,548 Ordinary shares, representing 0.15% of the issued share capital of the Company.

 

 

--Ends--

 

 

About Macau Property Opportunities Fund

 

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey and listed on the London Stock Exchange Main Market.

 

Launched in 2006, the Company seeks to deliver long-term returns from the investment in and development of high quality properties located in Macau and the western region of China's Pearl River Delta. Its current $375 million portfolio comprises a mix of strategically-positioned residential, retail and warehousing property assets.

 

The Fund is managed by Sniper Capital, an Asian-based property investment manager that provides highly focused Fund Management and Advisory Services.

 

 

For further information:

Company Registration Number 44813

Website: www.mpofund.com

 

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques

Tel: +44 (0)20 3128 8100

Email: Simon.Hockridge@mhpc.com / Andrew.Jaques@mhpc.com

Manager (Investor Contact)

Sniper Capital

Faye Chiam

Tel: +65 6222 1440

Email: info@snipercapital.com

Website: www.snipercapital.com

Corporate Broker

Liberum Capital

Chris Bowman / Richard Bootle

Tel: +44 20 3100 2228

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 14 8171 6000

 

Stock Codes:

Bloomberg: MPO LN

Reuters: MPO.L

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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