Macau Property Opportunities Fund Director/PDMR Shareholding (4161U)
12 July 2018 - 4:00PM
UK Regulatory
TIDMMPO
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.
--Ends--
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: +65 6222 1440
Email: doris.boo@snipercapital.com
Corporate Broker
Liberum Capital
Gillian Martin / Louis Davies
Tel: +44 20 3100 2232
Company Secretary & Administrator
Estera International Fund Managers (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742
Stock Code:
London Stock Exchange: MPO
LEI
213800NOAO11OWIMLR72
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END
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