Share buyback

RNS Number : 8047K

VinaCapital Vietnam Opp. Fund Ld

28 August 2012

 



28 August 2012

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 24 August 2012, pursuant to the share buyback authority granted to the Company's Board of Directors on 25 October 2011 and in accordance with the terms referenced in the share buyback programme update announcement on 31 July 2012, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 1,000,000 Ordinary Shares of USD0.01 each at an average price of USD1.63 per share.

Following this transaction, VOF has spent USD32.5 million overall repurchasing 21,374,794 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 6.58 percent of the Company's 324,610,259 Ordinary Shares in issue and as a result, total voting rights in the Company have been reduced to 303,235,465.

More information on the Company is available at www.vinacapital.com/vof

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

[phone]

[e-mail]

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

[phone]

[e-mail]

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

[phone]

[e-mail]  

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

[phone]

[e-mail]

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

[phone]

[e-mail] 

Andrew Walton

FTI Consulting, Public Relations (London)

[phone]

[e-mail]

 

END

 

 

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