Result of AGM

Vietnam Enterprise Investments Ltd

25 June 2024

 

COMPANY ANNOUNCEMENT

For Immediate Release                                                                                                               

25 June 2024

Vietnam Enterprise Investments Limited

(the "Company")

RESULT OF ANNUAL GENERAL MEETING

The Board of Directors of the Company announces that at the Annual General Meeting of the Company held on 25 June 2024 (the "2024 AGM"), the resolutions numbered 1 to 10 in the notice of meeting for the 2024 AGM were passed by the required majority on a poll vote.

The votes made in relation to the resolutions proposed at the 2024 AGM were as follows:

Ordinary Resolutions	For	%	Against	%	Total proxy votes cast	Abstentions
1.    To receive and adopt the audited financial statements for the year ended 31 December 2023 together with the auditor's and Directors' reports thereon.	135,258,099	100	0	0	135,258,099	0
2.    To re-appoint KPMG Limited of Vietnam as auditor of the Company and to authorise the Board to fix their remuneration.	134,920,647	99.75	337,452	0.25	135,258,099	0
3.    To elect Charles Cade as a Director of the Company.	135,258,099	100	0	0	135,258,099	0
4.    To re-elect Vi Peterson as a Director of the Company.	134,440,209	99.40	817,890	0.60	135,258,099	0
5.    To re-elect Entela Benz-Saliasi as a Director of the Company.	125,537,238	92.81	9,720,861	7.19	135,258,099
6.    To re-elect Low Suk Ling as a Director of the Company.	135,257,799	100	300	0	135,258,099
7.    To re-elect Sarah Arkle as a Director of the Company.	135,257,799	100	300	0	135,258,099
8.    To re-elect Dominic Scriven as a Director of the Company.	125,243,370	99.77	293,868	0.23	125,537,238	9,720,861
9.    To adopt the proposed investment policy as the investment policy of the Company.	135,258,099	100	0	0	135,258,099	0

Special Resolution	For	%	Against	%	Total proxy votes cast	Abstentions
10.  To authorise the Company generally and unconditionally to make market purchases of its Ordinary Shares of US$0.01 par value each provided that: (i)     the maximum aggregate number of Ordinary Shares that may be purchased is 14.99 per cent. of issued share capital (excluding shares held in treasury) as at 29 May 2024; (ii)    the minimum price which may be paid for each Ordinary Share is US$0.01; (iii)   the maximum price (excluding expenses) which may be paid for each Ordinary Share is the higher of: (a) 105 per cent. of the average market value of an Ordinary Share in the Company for the five business days prior to the day the purchase is made; and (b) the higher of the price of the last independent trade and the highest current independent bid as stipulated by Technical Standards referred to in Article 5 (6) of the UK Market Abuse Regulation; and (iv)   the authority conferred by this resolution shall expire on 31 December 2025 or, if earlier, at the conclusion of the Company's next annual general meeting save that the Company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase Ordinary Shares which will or may be executed wholly or partly after the expiry of such authority.	134,920,923	99.75	337,176	0.25	135,258,099	0

For further information, please contact:

Vietnam Enterprise Investments Limited

Rachel Hill

[phone]

[phone]

[e-mail]         

Jefferies International Limited

Stuart Klein                                                                                                                        

[phone]

[e-mail]

Buchanan

Charles Ryland / Henry Wilson / George Beale

[phone]

[e-mail]

LEI: 213800SYT3T4AGEVW864

 

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