Share buyback

RNS Number : 2331A
VinaCapital Vietnam Opp. Fund Ld
18 March 2013
 



18 March 2013

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 15 March 2013, pursuant to the share buyback authority granted to the Company's Board of Directors on 25 October 2011 and in accordance with the terms referenced in the share buyback programme update announcement on 25 January 2013, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 458,227 Ordinary Shares of USD0.01 each at an average price of USD2.08 per share.

Following this transaction, VOF has spent USD61.2 million overall repurchasing 38,308,601 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 11.8 percent of the Company's 324,610,259 Ordinary Shares in issue and as a result, total voting rights in the Company have been reduced to 286,301,658.

More information on the Company is available at www.vinacapital.com/vof

 

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

david.dropsey@vinacapital.com

 

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

 

Hiroshi Funaki

Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

funds@lcfr.co.uk  

 

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

d.benda@numis.com

 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

andrew.walton@fticonsulting.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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