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Market Cap: £2.97m
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Director/PDMR Shareholding

16 Dec 2022 07:00

RNS Number : 8934J
Macau Property Opportunities Fund
16 December 2022
 

16 December 2022

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Director/PDMR Shareholding

 

 

The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 15 December 2022, 200,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 46p 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. 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 12,081,904 ordinary Shares, representing 19.54% of the issued share capital of the Company. 

 

--Ends--

 

About Macau Property Opportunities Fund

Premium listed on the London Stock Exchange, Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey and is the only quoted property fund dedicated to investing in Macau, the world's leading gaming market and the only city in China where gaming is legalised.

Launched in 2006, the Company targets strategic property investment and development opportunities in Macau. Its current portfolio comprises prime residential property assets.

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

 

 

Stock Code

London Stock Exchange: MPO

 

LEI

213800NOAO11OWIMLR72 

 

 

For further information:

 

Manager

Sniper Capital Limited

Group Communications

Tel: +853 2870 5151

Email: info@snipercapital.com

 

Corporate Broker

Liberum Capital

Darren Vickers / Owen Matthews

Tel: +44 20 3100 2000

 

Company Secretary & Administrator

Ocorian Administration (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

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