23 Aug 2018 07:00
23 August 2018
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 22 August 2018, 717,445 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 180p 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 11,341,960 ordinary Shares, representing 18.34% of the issued share capital of the Company.
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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 largest 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 luxury residential 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
Investor Relations
Sniper Capital Limited
Seah Li Ching
Tel: +65 6222 1440
info@snipercapital.com
www.snipercapital.com
Corporate Broker
Liberum Capital
Gillian Martin
Tel: +44 20 3100 2217
Company Secretary & Administrator
Estera International Fund Managers (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742
Macau Property (MPO)