29 Aug 2014 07:00

29 August 2014
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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 28 August 2014, the Company purchased 1,030,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 250p per share. These shares will be cancelled.
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The purchase represents 1.27% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 79,830,000 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's main market.
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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$517 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:Â www.mpofund.comÂ
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Public Relations
MHP Communications
Simon Hockridge / Andrew Jaques / 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
Chris Bowman / 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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