Cancellation of Treasury Shares

RNS Number : 4792H

VietNam Holding Limited

08 June 2017

 

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

Cancellation of Treasury Shares

At the 2012 Extraordinary General Meeting of VNH, changes to the Company's share repurchase programme were adopted to allow the Company to hold shares in treasury.  The Company stated at that time its intention to cancel any ordinary shares of par value $1 each ("Ordinary Shares") that have been held in treasury (the "Treasury Shares") for a period of three years.

Accordingly, the Company announces that on 6 June 2017, it cancelled 155,808 Ordinary Shares, which it held as Treasury Shares.

Following the above cancellation, and the admission of 19,377,348 new Ordinary Shares to trading on AIM on 8 June 2017 pursuant to the exercise of warrants announced on 2 June 2017, VNH will have 73,301,667 Ordinary Shares with voting rights in issue (excluding the Treasury Shares) and 10,125,622 Treasury Shares.

For more information please contact:

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

 

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