Share buyback

RNS Number : 7831M
VinaCapital Vietnam Opp. Fund Ld
20 September 2012
 



20 September 2012

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 19 September 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 175,000 Ordinary Shares of USD0.01 each at an average price of USD1.60 per share.

Following this transaction, VOF has spent USD44.5 million overall repurchasing 28,723,131 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 8.85 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 295,887,128.

 

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

 

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

david.dropsey@vinacapital.com

 

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

 

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

funds@lcfr.co.uk  

 

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

d.benda@numis.com

 

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

+852 3716 9802

mark.walters@fticonsulting.com 

 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

andrew.walton@fticonsulting.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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