REG - Macau Prop Opp Fund - Result of AGM

Macau Property Opportunities FundAnnouncement

18/12/2025 11:30

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RNS Number : 1411M  Macau Property Opportunities Fund  18 December 2025

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18 December 2025

 

Macau Property Opportunities Fund Limited

 

("MPO" or the "Company")

 

Results of Annual General Meeting

 

The Company is pleased to announce that at the Annual General Meeting held at
9.00 am on 18 December 2025, each of the Resolutions tabled were duly passed
without amendment.

 

The details of each resolution are as follows:

 

 Resolution                                                                    For / Discretion  % of Vote  Against  % of Vote  Withheld
 Ordinary business
 1.   To receive and adopt the audited accounts, the Directors' Report, and    36,512,167        99.99      1,916    0.01       0
 the Auditor's Report for the year ended 30 June 2025.

 2.   To approve the Directors' Remuneration Report for the year ended 30      36,489,886        99.95      16,916   0.05       7,281
 June 2025.

 3.   To appoint Deloitte LLP, who have indicated their willingness to act,                      99.99      1,207    0.01       0
 as auditors of the Company to hold office until the next Annual General

 Meeting of the Company.                                                       36,512,876

 4.   To authorise the Directors to determine the remuneration of Deloitte                       99.99      1,207    0.01       0
 LLP.

                                                                             36,512,876

 5.   To re-elect Carmen Ling as a Director of the Company.                                      99.95      16,916   0.05       0

                                                                               36,497,167

 6.   To re-elect Mark Huntley as a Director of the Company.                                     99.95      16,916   0.05       7,281

                                                                               36,489,886

 7.   To re-elect Alan Clifton as a Director of the Company.                                     99.95      16,916   0.05       7,281

                                                                               36,489,886

 Special business
 Special Resolution                                                                              99.99      916      0.01       0

                                                                               36,513,167

 8. To authorise the Company in accordance with Section 315 of The Companies
 (Guernsey) Law 2008 (the "Law") to make market purchases (as defined in
 Section 316 of the Law) either for retention as treasury shares, or
 cancellation, in line with the provisions stated in the Notice.

 Ordinary Resolution                                                                             99.95      16,916   0.05       0

                                                                               36,497,167

 9. To extend the duration of the Company to the annual general meeting in
 2025, in accordance with the Articles of Incorporation of the Company.

 

 

Continuation Vote

 

Following the successful vote in favour of Resolution 9, the Company will
extend its duration in accordance with Article 38 of the Articles of
Incorporation of the Company.

 

The full text of the special resolution is as follows:

 

THAT the Company in accordance with Section 315 of The Companies (Guernsey)
Law, 2008 (as amended) (the "Law") be approved to make market purchases (as
defined in Section 316 of the Law) of its own ordinary shares either for
retention as treasury shares or for cancellation, provided that:

 

i)  the maximum number of shares authorised to be purchased is 14.99 percent
of the ordinary shares in issue immediately following the passing of this
resolution;

 

ii) the minimum price which may be paid for a share is £0.01;

 

iii) the maximum price which may be paid for an ordinary share is an amount
equal to the higher of (a) 105 percent of the average of the middle market
quotations for a share as derived from the London Stock Exchange Daily
Official List for the five Business Days immediately preceding the day on
which that ordinary share is purchased; and (b) either the higher of the price
of the last independent trade and the highest current independent bid at the
time of purchase;

 

iv) subject to paragraph (v) below, such authority shall expire at the next
annual general meeting of the Company unless such authority is varied, revoked
or renewed prior to such date by a special resolution of the Company in
general meeting;

 

v)  notwithstanding paragraph (iv), the Company may make a contract to
purchase ordinary shares under such authority prior to its expiry which will
or may be executed wholly or partly after its expiration and the Company may
make a purchase of shares pursuant to any such contract.

 

 

 

--Ends--

 

About Macau Property Opportunities Fund

Listed on the Main Market of the London Stock Exchange, Macau Property
Opportunities Fund Limited (http://mpofund.com/)  is a closed-end investment
company registered in Guernsey and is the only quoted property fund dedicated
to investing in Macau, the world's leading 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 prime
residential property assets.

The Company is managed by Sniper Capital Limited (http://snipercapital.com/)
, 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:

 

Manager

Sniper Capital Limited

Group Communications

Tel: +65 6222 1440

Email: info@snipercapital.com (mailto:info@snipercapital.com)

 

Corporate Broker, Financial Adviser and Sole Bookrunner

Panmure Liberum

Darren Vickers

Tel: +44 20 3100 2222

 

Company Secretary & Administrator

Ocorian Administration (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

 

 

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