Director/PDMR Shareholding

RNS Number : 2217U
Macau Property Opportunities Fund
29 November 2013
 

29 November 2013

 

 

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 28 November 2013, 1,990,500 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 210p 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 8,800,000 Ordinary Shares, representing 9.94% 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 and listed on the London Stock Exchange's main market.

 

Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and Mainland China's Western Pearl River Delta. Its $475 million portfolio comprises a mix of well-positioned residential, retail and logistics property assets.

 

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

 

 

For further information:

Company Registration No. 44813

Website: www.mpofund.com

 

Public Relations

MHP Communications

Simon Hockridge / James Morgan / Andrew Jaques

Tel: +44 20 3128 8100

 

Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

 

Email: info@snipercapital.com

www.snipercapital.com

 

Corporate Broker

Liberum Capital

Chris Bowman / Richard Bootle

Tel: +44 20 3100 2228

 

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley / Laurence McNairn

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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