Inclusion in FTSE 250 Index

RNS Number : 3983L

Vietnam Enterprise Investments Ltd

18 July 2017

 

COMPANY ANNOUNCEMENT

For Immediate Release                                                                                           18 July 2017

Vietnam Enterprise Investments Limited

Inclusion in FTSE 250 Index

Vietnam Enterprise Investments Limited ('The Fund' or 'VEIL'), an investment company providing investors access to Vietnam's leading blue-chip companies, has today announced that it has been included in the FTSE 250 Index, effective from today.

VEIL, which was admitted to the Main Market of the London Stock Exchange on 5 July 2016, was originally launched in 1995. The Fund is both the largest and longest-established fund investing in Vietnam, with a portfolio of primarily blue chip and pre-IPO holdings that offer attractive growth and value metrics, and strong corporate governance. 

Dominic Scriven, Executive Chairman of Dragon Capital commented:

"We are extremely pleased to be the first Vietnamese focused investment company to warrant inclusion into the FTSE 250. Since moving on to the London Stock Exchange in July 2016 VEIL has gone from strength to strength benefitting from the strong underlying economic fundamentals of the Vietnamese economy and a highly rigorous investment approach. VEIL's inclusion in the FTSE 250 should help build on the progress we have made to narrow VEIL's discount to NAV as a higher profile investment company."

Enquiries:

Vietnam Enterprise Investments Ltd:

Rachel Hill
[e-mail]
[phone]

Jefferies International Limited:

Stuart Klein
[e-mail]
[phone]

Smithfield:

Mav Wynn
[e-mail]
[phone]

 

END

 

 

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