Director/PDMR Shareholding

RNS Number : 7802Q

Macau Property Opportunities Fund

22 June 2015

 



22 June 2015

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 19 June 2015, 80,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 212.88p 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 11,020,000 Ordinary Shares, representing 14.21% of the issued share capital of the Company.

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About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey. Listed on the London Stock Exchange's main market, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.

Launched in 2006, MPO targets strategic property investment and development opportunities in Macau and Mainland China's western Pearl River Delta. Its current US$518.3 million portfolio comprises a mix of well-positioned residential and retail property assets.

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

For further information:

Company Registration Number 44813

Website: www.mpofund.com 

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques / James Morgan

Tel: [phone]

Manager

Sniper Capital Limited

Tel: [phone] (Investor Contact)

Tel: [phone](Fund Advisor)

Email: [e-mail]

www.snipercapital.com

Corporate Broker

Liberum Capital

Richard Bootle

Tel: [phone]

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: [phone]

Stock Codes:

Bloomberg:    MPO LN

Reuters:      MPO.L

 

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