Cancellation of Treasury Shares

RNS Number : 8535C

VietNam Holding Limited

30 June 2016

 

VietNam Holding Limited ("VNH" or the "Company")

Cancellation of Treasury Shares

At the 2012 Extraordinary General Meeting of VNH, changes to the Company's share repurchase programme were adopted to allow the Company to hold shares in treasury.  The Company stated at that time its intention to cancel any ordinary shares of par value $1 each ("Ordinary Shares") that have been held in treasury (the "Treasury Shares") for a period of three years.

Accordingly, the Company announces that on 30 June 2016, it cancelled 1,020,000 Ordinary Shares, which it held as Treasury Shares.

Following the above cancellation, VNH has 54,854,947 Ordinary Shares with voting rights in issue (excluding the Treasury Shares) and 10,487,673 Treasury Shares.

For more information please contact:

VietNam Holding Asset Management Limited	Tel: [phone]
Investor Relations Gyentsen Zatul  [e-mail] www.vietnamholding.com
Smith & Williamson Corporate Finance  Limited Nominated Adviser	Tel: [phone]
Azhic Basirov / Ben Jeynes
Winterflood Investment Trusts Broker	Tel: [phone]
Joe Winkley / Neil Langford
Buchanan Communications Financial Public Relations	Tel: [phone]
Charles Ryland / Sophie McNulty

 

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