Share buyback

RNS Number : 3286B

VinaCapital Vietnam Opp. Fund Ld

03 March 2014

 



3 March 2014

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 28 February 2014, 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 21 January 2014, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 310,318 Ordinary Shares of USD0.01 each at an average price of USD2.4597 per share.

Following this transaction, VOF has spent USD146.7 million overall repurchasing 78,292,184 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 24.1 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 246,318,075.

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

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

[phone]

[e-mail]

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

[phone]

[e-mail]

Hiroshi Funaki

Edmond de Rothschild Securities, Broker

[phone]

[e-mail]  

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

[phone]

[e-mail]

Andrew Walton

FTI Consulting, Public Relations (London)

[phone]

[e-mail]

 

END

 

 

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