Transaction in Own Shares

RNS Number : 1945Y
Macau Property Opportunities Fund
07 September 2015
 

7 September 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 4 September 2015, the Company purchased 150,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 165.5p per share. These shares will be cancelled.

 

The purchase represents 0.2% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 76,432,964 Ordinary Shares.

 

 

 

 

--Ends--

 

 

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: +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 Limited

Richard Bootle / Jonathan Wilkes-Green

Tel: +44 20 3100 2222

 

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

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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