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Market Cap: £3.65m
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Director/PDMR Shareholding

28 Apr 2015 07:00

RNS Number : 4475L
Macau Property Opportunities Fund
28 April 2015
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28 April 2015

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Macau Property Opportunities Fund Limited

Β ("MPO" or the "Company")

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Director Shareholding

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The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 27 April 2015, 50,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 216pΒ 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 10,400,000 Ordinary Shares, representing 13.34%Β of the issued share capital of the Company.

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--Ends--

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About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey. Listed on the London Stock Exchange's main market, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.

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Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and Mainland China's western Pearl River Delta. Its current US$548 million portfolio comprises a mix of well-positioned residential and retail property assets.

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The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.

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For further information:

Company Registration Number 44813

Website:Β www.mpofund.comΒ 

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Public Relations

MHP Communications

Simon Hockridge / Andrew JaquesΒ / James Morgan

Tel: +44 20 3128 8100

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Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

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Email: info@snipercapital.com

www.snipercapital.com

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Corporate Broker

Liberum Capital

Richard Bootle

Tel: +44 20 3100 2228

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Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 14 8171 6000

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Stock Codes:

Bloomberg: MPO LN

Reuters: MPO.L

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