REG - Macau Prop Opp Fund - Director/PDMR Shareholding

Macau Property Opportunities FundAnnouncement

12/07/2018 07:05

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
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHELLBFVDFBBBF