Move to Premium listing - update

RNS Number : 8903Q

VietNam Holding Limited

25 February 2019

 

25 February 2019

VietNam Holding Limited

("VNH" or the "Company")

Move to Premium listing - Update

Vietnam Holding Limited (AIM: VNH)  (the "Company") announces that, further to the announcement dated 25 January 2019 concerning the cancellation of its new ordinary shares of US$1 each ("Ordinary Shares") from trading on AIM and the admission of its Ordinary Shares to the Premium segment of the Official List and to trading on the London Stock Exchange's main market for listed securities (the "Main Market"), the Company continues to progress the necessary regulatory processes. The Company expects to complete the cancellation of its Ordinary Shares from trading on AIM and to be admitted to trading on the Main Market by 8 March 2019. An indicative timetable of the principle events is presented below:

25 February 2019	Company re-registration as a Guernsey company completed
25 February 2019	Last day of trading on AIM under the old ISIN
26 & 27 February 2019	Suspension from trading
28 February 2019	Re-admission of Ordinary Shares to trading on AIM under new domicile and new ISIN
1 March 2019	Prospectus published
7 March 2019	Last day of dealings of Ordinary Shares on AIM
8 March 2019	Company's Ordinary Shares cancelled from trading on AIM and admitted to the Premium segment of the Official List and trading on the Main Market

This process includes a short suspension from trading, expected to be two business days, in order to allow time for Ordinary Shares to be transferred to the new ISIN following the redomicile from Cayman Islands to Guernsey. This suspension is expected to be on 26 and 27 February 2019.

Application has been made for 53,330,870 Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective, and dealings in the Ordinary Shares commence, at 8 a.m. on 28 February 2019.

The Company's issued share capital comprises 53,330,870 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

More information on the Company is available at Dynam Capital, Limited Investment Manager Craig Martin	www.vietnamholding.com Tel.: [phone]
finnCap Ltd Nominated Adviser and Broker	Tel: [phone]
Stuart Andrews/William Marle/Giles Rolls

 

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