Director/PDMR Shareholding

RNS Number : 1865Z
Macau Property Opportunities Fund
25 May 2016
 

25 May 2016

 

 

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 24 May 2016, 200,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 115.0p 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 12,493,215 Ordinary Shares, representing 16.35% of the issued share capital of the Company.

 

 

 

--Ends--

 

 

About Macau Property Opportunities Fund

 

Macau Property Opportunities Fund Limited is a closed-end investment company 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, the Company targets strategic property investment and development opportunities in Macau and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.

 

The Fund 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 

 

Investor Relations

Sniper Capital

Doris Boo

Tel: +65 6222 1440

 

Public Relations

MHP Communications

Andrew Jaques / Simon Hockridge / Kelsey Traynor

Tel: +44 20 3128 8100

  

Corporate Broker

Liberum Capital

Richard Bootle / Jonathan Wilkes-Green

Tel: +44 20 3100 2228

 

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 14 8171 6000

 

Stock Codes:

Bloomberg:    MPO LN

Reuters:      MPO.L

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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