Closed Period - Share Buy Back Programme

RNS Number : 5497J

VietNam Holding Limited

03 July 2017

 

3 July 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 annual results for the financial year ending 30 June 2017 (the "Final 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 during the mandatory Market Abuse Regulation closed period which is expected to end on or around 21 August 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 Investor Relations Jay Vontobel  [e-mail] www.vietnamholding.com	Tel: [phone]
Smith & Williamson Corporate Finance Limited Nominated Adviser Azhic Basirov / Ben Jeynes	Tel: [phone]
Winterflood Investment Trusts Broker Joe Winkley / Neil Langford	Tel: [phone]
Buchanan Communications Financial Public Relations Charles Ryland / Vicky Hayns	Tel: [phone]

 

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