28 Apr 2015 07:00
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28 April 2015
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Macau Property Opportunities Fund Limited
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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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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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