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Market Cap: £2.97m
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Director/PDMR Shareholding

2 Oct 2014 07:01

RNS Number : 2277T
Macau Property Opportunities Fund
02 October 2014
 



2 October 2014

 

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Director Shareholding

 

 

The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 26 September 2014, 112,500 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 234.965p per Ordinary Share.

 

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.

 

Following this acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 10,350,000 Ordinary Shares, representing 13.19% 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's main market.

 

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$517 million portfolio comprises a mix of well-positioned residential and retail property assets.

 

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

 

 

 

For further information:

Company Registration Number 44813

Website: www.mpofund.com 

 

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques / James Morgan

Tel: +44 20 3128 8100

 

Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

 

Email: info@snipercapital.com

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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