Transaction in Own Shares

RNS Number : 5564W

Macau Property Opportunities Fund

20 August 2015

 

20 August 2015

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

Transaction in Own Shares

The Board of Macau Property Opportunities Fund Limited announces that on 19 August 2015, the Company purchased 129,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 171p per share. These shares will be cancelled.

The purchase represents 0.17% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 76,854,964 Ordinary Shares.

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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, the Company targets strategic property investment and development opportunities in Macau and Mainland China's western Pearl River Delta. Its current US$548 million 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 

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 Limited

Richard Bootle / Jonathan Wilkes-Green

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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