Total Voting Rights

RNS Number : 6083P

Myanmar Strategic Holdings Ltd

01 September 2017

 

1 September 2017

Myanmar Strategic Holdings Ltd.

("MSH" or the "Company" or the "Group")

TOTAL VOTING RIGHTS

Myanmar Strategic Holdings (LSE: SHWE), the independent developer and operator of consumer businesses located in Myanmar, one of the fastest growing economies in the world, announces that the issued share capital of the Company at the date of this announcement comprises 2,267,133 ordinary shares of no par value, with one voting right per share. The Company does not hold any ordinary shares in treasury. The total number of ordinary shares and voting rights in the Company is therefore 2,267,133.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For more information please visit www.ms-holdings.com or contact:

Myanmar Strategic Holdings Enrico Cesenni, Founder and CEO	[e-mail]
Allenby Capital Limited (Broker) Nick Athanas James Thomas Nick Naylor	[phone]
Yellow Jersey PR (Financial PR) Felicity Winkles Joe Burgess Henry Wilkinson	[phone]  [phone] [phone]

Notes to editors:

Myanmar Strategic Holdings, the independent developer and operator of consumer-focussed businesses in Myanmar, one of the fastest growing economies in the world.

Concentrating on Hospitality and Education, the Company intends to focus on the broader consumer sector in Myanmar. The Asian Development Bank forecasts real GDP growth of around 8 percent for the next few years.

The Company's earliest investments have been in the Hospitality sector - through its portfolio the Company manages 422 beds in 3 locations across Myanmar and is developing a fourth, expected to open in late 2017. Since the beginning of 2016, the Company has diversified into other business streams and has signed an exclusive agreement to manage Pearson's English language learning franchise, Wall Street English, as the brand expands into Myanmar.

Myanmar is one of the fastest growing and most promising economies within Asia Pacific. Its annual GDP growth stood at 6.4 percent for the year ended 31 March 2017, making it one of the top 10 fastest growing economies in the world, whilst McKinsey has estimated that consumer spending in Myanmar could triple by 2030.

Myanmar Strategic Holdings is well placed to grant investors early exposure to Myanmar's renewed economic and political trajectory.

 

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