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Holding(s) in Company - Amendment

21 Oct 2009 10:44

RNS Number : 1449B
Macau Property Opportunities Fund
21 October 2009
 



Macau Property Opportunities Fund Limited

(the "Company")

Holding(s) in Company

The Company has received notification that the recent TR-1 Notification from Lloyds Banking Group plc released at 09.56 on 20 October 2009 contained incorrect information due to an error on the original document. The below notification re-issued by Lloyds Banking Group plc replaces yesterday's notification.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Macau Property Opportunities Fund

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):

See Section 9

5. Date of the transaction and date on which the threshold is crossed or reached:

16 October 2009

6. Date on which issuer notified:

20 October 2009

7. Threshold(s) that is/are crossed or reached:

Direct/Indirect Decrease to below 16%

  

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord USD0.01 shares

17,306,157

17,306,157

2,465,052

2,465,052

13,791,107

2.348%

13.134%

GB00B1436N68

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

 

 

 

 

 

Nominal

Delta

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,256,159

15.482%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

16,256,136 shares (15.482%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/Indirect Interests).

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Notification using the total voting rights figure of 105,000,000

14. Contact name:

 Matthew Wilson

15. Contact telephone number:

0113 235 7729

--Ends--

About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited, which raised £105 million in a placing and commenced trading on AIM in 2006, is a closed-end investment fund registered in Guernsey. The Company's investment policy is to provide shareholders with an attractive total return through investing in property opportunities in one of the world's fastest growing and most dynamic regions - Macau and the Western Pearl River Delta of Southern China.

The Fund is managed by Sniper Capital Limited, an independent investment manager that specialises in property investment opportunities in niche, undervalued and developing markets.

For further information:

Website: www.mpofund.com

Public Relations

Hogarth Partnership Limited

Andrew Jaques 

Tel: +44 20 7357 9477

Nominated Adviser & Joint Broker

Collins Stewart Europe Limited

David Yovichic / Helen Goldsmith 

Tel: +44 20 7523 8000

Joint Broker

Shore Capital Stockbrokers Limited

Dru Danford

Tel: +44 20 7408 4090

Company Secretary & Administrator

Heritage International Fund Managers Limited

Mark Huntley / Laurence McNairn

Tel: +44 1481 716000

Manager

Sniper Capital Limited

Daisy Tang, Corporate & Investor Communications

Tel: +852 2292 6700

Email: info@snipercapital.com

www.snipercapital.com

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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