Cancellation of Treasury Shares

RNS Number : 9234A

VinaCapital Vietnam Opp. Fund Ld

01 October 2015

 



1 October 2015

VinaCapital Vietnam Opportunity Fund Limited ("VOF", the "Company")

Cancellation of Treasury Shares

Pursuant to the share buy-back program approved by the VOF board on 25 October 2011, the Company has in the past purchased its own shares and has held these as treasury shares in the name of Visaka Holdings Limited, a subsidiary owned 100% by VOF.

As at 30 September 2015 the total number of shares held in treasury by Visaka Holdings Limited were 107,472,647 and represented 33.11% of the Company's 324,610,259 ordinary shares in issue.

In anticipation of the previously announced plan to move the Company's listing from the AIM market to a premium listing on the Main Market of the London Stock Exchange, VOF has as of 30 September 2015 cancelled all treasury shares held by Visaka Holdings Limited. Following the cancellation the total number of ordinary shares in issue and total voting rights is 217,137,612.

As a result of this action there is no change in the Company's net asset value per share. Following this announcement the Board and the Investment Manager remain fully committed to the ongoing share buy-back program.

More information on the Company is available at www.vof-fund.com

Enquiries:

Jonathon Trewavas

VinaCapital Investment Management Limited

Investor Relations

[phone]

[e-mail]

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

[phone]

[e-mail]

Hiroshi Funaki / William Marle

Edmond de Rothschild Securities, Broker

[phone]

[e-mail]  

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

[phone]

[e-mail]

Andrew Walton

FTI Consulting, Public Relations (London)

[phone]

[e-mail]

 

END

 

 

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