Title: https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx/

URL Source: https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx?type=packet_fund_class_doc_factsheet_private&id=a6b590ed-9c14-4170-9be7-bd5a11b0cdce&user=hl_website_documents

Published Time: Thu, 16 Apr 2026 10:46:21 GMT

Number of Pages: 1

Markdown Content:
Sniper Investments  19.54% 

USS  13.74% 

Lazard Asset Management  11.67 %

FIL Investment International  8.21 %

Apollo Multi Asset Management  5.96 %

Asset Value Investors  5.38 %

Progressive Capital Partners  4.15 %

Banque de Luxembourg  3.7 0%

Others  27.65 %

Total  100.00%     

> As at 03 February 202 6

Macau Property Opportunities Fund Limited is a closed -end investment company incorporated in Guernsey , and premium listed on the London Stock Exchange. Th e Company 

is managed by Sniper Capital Limited with the objective of realising the value of all remaining assets in the portfolio, indi vidually, in aggregate or in any other combination of 

disposals or transaction structures, in a prudent manner consistent with the principles of good investment management with a view to making an orderly return of capital to 

Shareholders. 

## Quick Facts and Fund Structure 

Country of Incorporation 

Exchange 

Guernsey 

London Stock Exchange* 

Fund Term  Next continuation vote by 31 December 202 6

Market Capitalisation (End - Mar 202 6)

Share Price ( End - Mar 202 6)

Listing Currency 

Accounting Currency 

Year -End 

Unaudited Adjusted NAV per share ( End -Dec 2025 )

Portfolio Valuation ( End -Dec 202 5)

Maximum Loan -to -Value 

Loan -to -Value ( End -Dec 202 5)

Auditor 

£3. 89 million 

6.25 p

Pound Sterling 

US Dollars 

31 December 

US$ 0. 46 (34p^) 

US$ 78 million 

60% 

57%

Deloitte 

*MPO’s shares began trading on AIM in June 2006, when it raised £105 million 

in an institutional placing, before moving to the Main Market of the London 

Stock Exchange in June 2010. 

^ Based on a US$/£ exchange rate of 1.346 as at 31 December 2025 .

## Portfolio Summary 

No. of Principal Acquisitions 

No. of Existing Principal Properties 

Segment 

Target IRR 

Valuer 

Valuation Frequency 

7

3

Macau, Residential 

20% 

Savills 

Quarterly 

## Significant Shareholders 

Management Fee  Effective 1 February 2022, management fee of 

US$ 300,000 per quarter .

Realisation Fee  For disposals secured within calendar year 202 6:

2.5% of net proceeds** for sale price equals to 90 %

or more of the Carrying Value**; 

Both fees payable subject to an overall cap of 4.99% 

of the lower of the Group’s market capitalisation 

and net asset value of the year prior 

Free Shares  None 

Options/Warrants  None 

Management Agreement  Terminable on 3 months’ written notice 

> **Net Proceeds refers to sales proceeds net of debs, costs and taxes
> Carrying Value refers to the value of the relevant asset as at 30 September 2019

## Manager Remuneration 

## Further Information 

Sniper Capital Limited   

> Macau: +853 2870 5151
> Hong Kong: +852 2292 6789
> Email: info@snipercapital.com
> Website: www.snipercapital.com

Corporate Broker   

> Panmure Liberum Limited
> Ropemaker Place, Level 12
> 25 Ropemaker Street
> London EC2Y 9LY
> Darren Vickers / Owen Matthews
> Tel: +44 20 3100 2 222

Company Secretary & Administrator  

> Ocorian Administration (Guernsey) Limited
> PO Box 286, Floor 2, Trafalgar Court
> Les Banques, St Peter Port
> Guernsey, GY1 4LY
> Kevin Smith
> Tel: +44 14 8174 2742

## www.mpofund.com  April 202 6

## Board of Directors 

Chairman  Mark Huntley 

Non -Ex ecutive Director  Alan Clifton 

Non -Executive Director  Carmen Ling 

## Investment Objective 

## Share Price 

Total Shares Issued  61,835,733 

Issue Price  100p 

52 -Week High  27.00 p

52 -Week Low  0.05 p

Dividend Yield  0% * 

Distributions to Date  US$97.4 million 

Shares Repurchase to Date  US$75.3 million 

Bloomberg Stock Code  MPO LN 

Reuters Stock Code  MPO.L 

SEDOL  B1436N6 GB 

ISIN  GG00BGDYFV61