Director/PDMR Shareholding

RNS Number : 5551L

VietNam Holding Limited

03 October 2016

 

3 October 2016

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

Director/PDMR Shareholding

VNH announces that, further to the Company's announcement of 18 August 2016 which provided details of the issue of 631,684 ordinary shares of US$1 each in the Company ("Ordinary Shares") to Vietnam Holding Asset Management Limited ("VNHAM"), the Company's Investment Manager, the Company has been notified that VNHAM has today completed the transfer of a total of 238,518 Ordinary Shares for nil consideration to certain VNHAM employees and directors and, in accordance with the terms of Company's Investment Management Agreement (as amended), to Professor Rolf Dubs (the "Ordinary Share Transfer"). As a result, VNHAM now holds a total of 650,590 Ordinary Shares, representing 1.19% of the Company's issued ordinary share capital.

The Ordinary Share Transfer included the transfer of Ordinary Shares to Professor Rolf Dubs as follows:

Name	Role	Number of Ordinary Shares transferred	Resultant number of Ordinary Shares held	% of VNH issued ordinary share capital*
Prof. Rolf Dubs	VNH Director	16,299	51,451	0.09%

*excluding treasury shares

VNHAM intends to undertake further transfers to certain VNHAM employees and directors and, in accordance with the terms of Company's Investment Management Agreement (as amended), to certain of the VNH directors. Further announcements will be made, as appropriate, in due course.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rolf Dubs
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	VietNam Holding Limited
b)	LEI	-
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of US$1 each
	Identification code	KYG9361X1043
b)	Nature of the transaction	Transfer of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		US$0.00	16,299
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	3 October 2016
f)	Place of the transaction	Outside of a trading venue

For further information please contact:

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

 

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