DIRECTOR DEALINGS: Macau Property Directors Lift Stake Via Sniper

LONDON (Alliance News) - Macau Property Opportunities Fund Ltd on Friday said two directors of ...

Alliance News 13 October, 2017 | 10:14AM
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LONDON (Alliance News) - Macau Property Opportunities Fund Ltd on Friday said two directors of its investment manager have raised their stake in the company after a business they are interested in, Sniper Investments Ltd, bought 139,401 shares at 165.0 pence each on Thursday.

Non-Executive Tom Ashworth and Martin Tacon are directors of investment manager Sniper Capital Ltd, which holds an interest in Sniper Investments.

Sniper Investments holds 12.8 million shares after the buy, for a 16.8% stake in Macau.

Macau shares were up 2.7% on Friday at 169.41 pence.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Macau Property Opportunities Ord 176.13 GBX 1.00 -
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