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23 May 2012 07:00
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23 May 2012
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Macau Property Opportunities Fund Limited
("MPO" or the "Company")
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Transaction in Own Shares
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The Board of Macau Property Opportunities Fund Limited announces that on 22 May 2012, the Company purchased 100,000 of its own ordinary shares at a price of 103p per share. These shares will be cancelled.
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The purchase represents 0.10% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 102,400,000 ordinary shares.
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Further opportunistic purchases of MPO shares may be considered by the Board at suitably attractive prices.
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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 and listed on the London Stock Exchange Main Market.
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Launched in 2006, the Company seeks to deliver long-term returns from the investment in and development of high quality properties located in Macau and the western region of China's Pearl River Delta. Its current $350 million portfolio comprises a mix of strategically-positioned residential, retail and warehousing property assets.
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The Fund is managed by Sniper Capital, an Asian-based property investment manager that provides highly focused Fund Management and Advisory Services.
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For further information:
Company Registration Number 44813
Website:Β www.mpofund.com
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Public Relations
MHP Communications
Simon Hockridge / Andrew JaquesΒ
Tel: +44 20 3128 8100
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Manager (Investor Contact)
Sniper Capital
Faye Chiam
Tel: +65 6222 1440
Email:Β info@snipercapital.com
www.snipercapital.com
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Corporate Broker
Liberum Capital
Chris Bowman / Richard Bootle
Tel: +44 20 3100 2228
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Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley / Laurence McNairn
Tel: +44 14 8171 6000
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Stock Codes:
Bloomberg: MPO LN
Reuters: MPO.L
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