23 May 2016 07:00
23 May 2016
Β
Β
Macau Property Opportunities Fund Limited
Β ("MPO" or the "Company")
Β
Director Shareholding
Β
Β
The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 20 May 2016, 400,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 115.316p per Ordinary Share.
Β
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.
Β
Following this acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 12,293,215 Ordinary Shares, representing 16.08%Β of the issued share capital of the Company.
Β
Β
Β
--Ends--
Β
Β
About Macau Property Opportunities Fund
Β
Macau Property Opportunities Fund Limited is a closed-end investment company 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.
Β
Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.
Β
The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.Β
Β
Β
For further information:
Company Registration Number 44813
Website:Β www.mpofund.comΒ
Β
Investor Relations
Sniper Capital
Doris Boo
Tel: +65 6222 1440
Β
Public Relations
MHP Communications
Andrew JaquesΒ / Simon Hockridge / Kelsey Traynor
Tel: +44 20 3128 8100
Corporate Broker
Liberum Capital
Richard Bootle / Jonathan Wilkes-Green
Tel: +44 20 3100 2228
Β
Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley
Tel: +44 14 8171 6000
Β
Stock Codes:
Bloomberg: MPO LN
Reuters: MPO.L
Β
Follow the stocks