Possible Issue of Warrants

RNS Number : 7519D

VietNam Holding Limited

02 February 2015

 



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

Possible Issue of Warrants

As highlighted in the Company's Half Year Results, announced on 28 January 2015, the board of VNH (the "Board") believes that Vietnam and its stock markets will continue to present favourable investment opportunities for VNH and its Investment Manager.  

As such, the Board believes that the time is right to consider increasing the funds available for investment by the Company. In light of the success of the bonus warrants issued to VNH shareholders in 2012 / 2013, the Board would like to announce its decision in principle to examine an additional issuance of warrants to VNH shareholders (the "Issuance").

Should the Board resolve to proceed with the Issuance, then the proposed terms will be communicated to VNH Shareholders in due course. The Issuance would be subject, inter alia, to the approval of VNH Shareholders at an extraordinary general meeting of the Company.

VNH is a closed end fund listed on the AIM Market of the London Stock Exchange and the Entry Standard market of the Frankfurt Stock Exchange. VNH's portfolio is actively managed by VietNam Holding Asset Management Limited, an investment management company with offices in Ho Chi Minh City and Zurich, which specializes in the development and management of Vietnamese equity funds.

For further information please contact:

VietNam Holding Asset Management Limited	Tel: [phone]
Gyentsen Zatul - Investor Relations
Altium Capital Limited (Nominated Adviser)	Tel: [phone]
Tim Richardson
Winterflood Investment Trusts (Broker)	Tel: [phone]
Joe Winkley / Neil Langford
Buchanan Communications	Tel: [phone]
Charles Ryland / Sophie McNulty

 

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