Closed Period - Share Buy Back Programme

RNS Number : 6702T

VietNam Holding Limited

09 January 2017

 

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

Closed Period - Share Buy Back Programme

VNH announces that it will continue, at the discretion of the Board, to make on-market purchases of ordinary US$1 shares in the Company ("Ordinary Shares") within certain pre-set parameters during the closed period relating to the Company's interim results for the six months ending 31 December 2016 (the "Interim Results").

The Company will not however make purchases of Ordinary Shares during any period when the Board is aware of price sensitive information until such information has been publicly announced.

Accordingly, the Company may continue to buy back its Ordinary Shares until the end of the mandatory Market Abuse Regulation closed period which is expected to be on or around 23 January 2017. Any Ordinary Shares purchased on the Company's behalf during this period will be held in treasury.

These on-market purchases form part of an ongoing share repurchase programme being undertaken by the Company pursuant to an authorisation granted at the Company's Annual General Meeting on 15 September 2016. Further information on the share repurchase authority, including the shareholder resolutions, can be found on VNH's website at www.vietnamholding.com.

For more information please contact:

VietNam Holding Asset Management Limited	Tel: [phone]
Investor Relations Gyentsen Zatul  [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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