Director/PDMR Shareholding

RNS Number : 4161U

Macau Property Opportunities Fund

12 July 2018

 

12 July 2018

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

Director Shareholding

The Board of Macau Property Opportunities Fund Limited announces that, following the announcement on 10 July 2018 regarding the compulsory redemption of Ordinary Shares of USD 0.01 each ("Ordinary Shares") Sniper Investments Limited ("Sniper Investments") now holds 10,624,515 Ordinary Shares.

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 redemption, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 10,624,515 Ordinary Shares, representing 17.18% 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 company registered in Guernsey and is the only quoted property fund dedicated to investing in Macau, the world's largest gaming market and the only city in China where gaming is legalised.

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. Its current portfolio comprises luxury residential assets.

The Company is managed by Sniper Capital Limited, 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 

Manager

Sniper Capital Limited

Doris Boo

Tel: [phone]

Email: [e-mail] 

Corporate Broker

Liberum Capital

Gillian Martin / Louis Davies 

Tel: [phone]

Company Secretary & Administrator

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

Tel: [phone]

Stock Code:

London Stock Exchange: MPO

LEI

213800NOAO11OWIMLR72

 

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