Estimated Weekly Net Asset Value

RNS Number : 3984I

VietNam Holding Limited

30 August 2016

 

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

Estimated Weekly Net Asset Value (NAV)

VNH announces that as at close of business on 26 August 2016, its Estimated NAV was USD 154.35 million or USD 2.787 per share.

Change in position as at 26 August 2016

	VietNam Holding (NAV per share)	VNAS Index (USD-adjusted)
Change in position:
Last week	-0.11%	0.28%
Year-to-date	24.87%	14.15%
Last 5 years	166.44%	54.73%

On 20 May 2015 VNH issued to its shareholders 19,977,746 warrants of which 19,941,819 warrants remain to be converted to subscribe for new ordinary shares in the Company at a price of US$1.998 per new ordinary share in issue (the "Warrants"). The Warrants have a final exercise date of 1 June 2017. The dilutionary impact of the exercise of all remaining Warrants would result in VNH's NAV per share being USD 2.578 as at 26 August 2016.

The last-week performance figures are calculated by reference to the previous week's NAV / VNAS positions. The year-to-date performance figures are calculated by reference to the NAV /VNAS positions at the end of the last calendar year (31 December 2015). The last 5 years performance figures are calculated by reference to the NAV / VNAS positions as at 31 August 2011. VNAS performances are sourced from Bloomberg. Bloomberg uses the back-tested positions for VNAS for the period before 27 January 2014, which were released by the HoSE.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

For further information, please contact:

VietNam Holding Asset Management Limited

Gyentsen Zatul
Investor Relations

Telephone: [phone]
[e-mail]
www.vietnamholding.com

The Estimated Weekly NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Weekly NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Weekly NAV's provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Weekly NAV and it has been provided for indicative purposes only.

 

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