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Last checked at 
11 Jun 2010 07:00
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Macau Property Opportunities Fund Limited
(the "Company")
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Director Shareholding
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The Board of the Company received notification today that Sniper Investments Limited ("Sniper Investments") acquired on 10 June 2010, a further 150,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 123.25p per Ordinary Share.
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Tom Ashworth and Martin Tacon, directors of the Company's Manager, Sniper Capital Limited, (the "Principals") have a beneficial interest in Sniper Investments. Tom Ashworth is also a non-executive director of the Company. Sniper Investments is therefore a connected person of both of the Principals.
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Following this acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 5,150,000 Ordinary Shares, representing 4.90% of the issued share capital of the Company.
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AboutΒ MacauΒ Property Opportunities Fund
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Macau Property Opportunities Fund Limited, which raised Β£105 million in aΒ placing and commenced trading on AIM in 2006, is a closed-endΒ investment fundΒ registered inΒ Guernsey. The Company's investment policy is to provide shareholders with anΒ attractive total return through investing in property opportunities in one ofΒ the world's fastest growing and most dynamic regions -Β MacauΒ and the WesternΒ Pearl River Delta of Southern China.
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The Fund is managed byΒ Sniper CapitalΒ Limited, an independentΒ investment managerΒ that specialises in property investmentΒ opportunities in niche, undervalued andΒ developing markets.
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For further information:
Website: www.mpofund.com
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Public Relations
Hogarth Partnership Limited
Simon Hockridge / Andrew Jaques
Tel: +44 20 7357 9477
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Nominated Adviser & Joint Broker
Collins Stewart Europe Limited
David Yovichic / Helen Goldsmith
Tel: +44 20 7523 8000
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Joint Broker
Shore Capital Stockbrokers Limited
Dru Danford
Tel: +44 20 7408 4090
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Company Secretary & Administrator
Heritage International Fund Managers Limited
Mark Huntley / Laurence McNairn
Tel: +44 1481 716000
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Manager
Sniper Capital Limited
Daisy Tang, Corporate & Investor Communications
Tel: +852 2292 6700
Email: info@snipercapital.com
www.snipercapital.com
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Stock Codes:Β
Bloomberg: MPO LN
Reuters: MPO.L
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