Director/PDMR Shareholding

RNS Number : 6177Y

Macau Property Opportunities Fund

23 August 2018

 

23 August 2018

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 22 August 2018, 717,445 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 180p 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 11,341,960 ordinary Shares, representing 18.34% of the issued share capital of the Company.

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About Macau Property Opportunities Fund

Premium listed on the London Stock Exchange, 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.

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.

Stock Code

London Stock Exchange: MPO

LEI

213800NOAO11OWIMLR72 

For further information

Investor Relations

Sniper Capital Limited

Seah Li Ching

Tel: [phone]

[e-mail]

www.snipercapital.com 

Corporate Broker

Liberum Capital

Gillian Martin

Tel: [phone]

Company Secretary & Administrator

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

Tel: [phone]

 

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