11 April 2013
Macau Property Opportunities Fund Limited
("MPO" or the "Company")
Transaction in Own Shares
The Board of Macau Property Opportunities Fund Limited announces that on 10 April 2013, the Company purchased 1,250,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 144p per share. These shares will be cancelled.
The purchase represents 1.36% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 90,529,750 Ordinary shares.
Further opportunistic purchases of MPO shares may be considered by the Board at suitably attractive prices.
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About Macau Property Opportunities Fund
Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey and listed on the London Stock Exchange 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 current $400 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 Number 44813
Website: www.mpofund.com
Public Relations
MHP Communications
Simon Hockridge / 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
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