Tender Offer: Update and Interim Distribution

RNS Number : 7319I

VietNam Holding Limited

28 November 2018

 

VietNam Holding Limited

("VNH" or the "Company")

Tender Offer: Update and Interim Distribution

VietNam Holding Limited ("VNH" or the "Company") (AIM: VNH) is pleased to announce the payment of the interim distribution to shareholders who participated under the Tender Offer. Relevant shareholders will receive US$1.50 in respect of each validly tendered Ordinary Share, representing approximately 60% of the Tender Pool.  The distribution payment will be made on 6 December 2018.  Balancing Share certificates will be dispatched and CREST accounts settled in respect of the Tender Offer shares on 6 December 2018.

The Tender Pool continues to be realised and once the cash proceeds from the realisation of the remaining investments have been received the Company will make a final distribution. An announcement regarding the final distribution will be made in due course which is expected to occur by the end of December 2018.

Terms used and not defined in this announcement shall have the meaning given to them in the Circular dated 8 October 2018.

More information on the Company is available at Dynam Capital, Ltd	www.vietnamholding.com Tel.: [phone]
finnCap Ltd Nominated Adviser and Broker	Tel: [phone]
Stuart Andrews/William Marle/Giles Rolls

 

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