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Regulatory Story
Company Macau Property Opportunities Fund
TIDM MPO
Headline Director/PDMR Shareholding
Released 16:45 02-Sep-2019
Number 9568K16

RNS Number : 9568K
Macau Property Opportunities Fund
02 September 2019
 

2 September 2019

 

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Director Shareholding

 

 

The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 2 September 2019, 121,352 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 123.5p per Ordinary Share.

 

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 acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 11,463,312 ordinary Shares, representing 18.54% of the issued share capital of the Company.

 

 

 

--Ends--

 

About Macau Property Opportunities Fund

Premium listed on the London Stock Exchange, 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.

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, 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:

 

Investor Relations

Sniper Capital Limited

Tel: +65 6222 1440

info@snipercapital.com

www.snipercapital.com 

 

Corporate Broker

Liberum Capital

Gillian Martin / Louis Davies

Tel: +44 20 3100 2234

 

Company Secretary & Administrator

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

 

 

 

 

 


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