Result of AGM

Vietnam Enterprise Investments Ltd
26 June 2023
 

COMPANY ANNOUNCEMENT

 

For Immediate Release                                                                                                               

26 June 2023

 

Vietnam Enterprise Investments Limited

(the "Company")

 

RESULT OF ANNUAL GENERAL MEETING

 

The Board of Directors of the Company announces that at the Annual General Meeting of the Company held on 23 June 2023 (the "2023 AGM"), the resolutions numbered 1 to 9 in the notice of meeting for the 2023 AGM were passed by the required majority on a poll vote.

 

The votes made in relation to the resolutions proposed at the 2023 AGM were as follows:

 

Ordinary Resolutions

For

%

Against

%

Total proxy votes cast

Abstentions

1.    To receive and adopt the audited financial statements for the year ended 31 December 2022 together with the auditor's and Directors' reports thereon.

135,098,617

95.56

6,273,583

4.44

141,372,200

721

2.    To re-appoint KPMG Limited of Vietnam as auditor of the Company and to authorise the Board to fix their remuneration.

134,484,608

95.13

6,887,561

4.87

141,372,169

752

3.    To re-elect Gordon Lawson as a Director of the Company.

141,371,920

100.00

250

0.00

141,372,170

751

4.    To re-elect Vi Peterson as a Director of the Company.

141,371,951

100.00

250

0.00

141,372,201

720

5.    To re-elect Entela Benz-Saliasi as a Director of the Company.

133,571,835

94.48

7,800,366

5.52

141,372,201

720

6.    To re-elect Low Suk Ling as a Director of the Company.

141,371,951

100.00

250

0.00

141,372,201

720

7.    To re-elect Sarah Arkle as a Director of the Company.

141,371,951

100.00

250

0.00

141,372,201

720

8.    To re-elect Dominic Scriven as a Director of the Company.

127,298,470

95.30

6,273,583

4.70

133,572,053

720

 

Special Resolution

For

%

Against

%

Total proxy votes cast

Abstentions

9.    To authorise the Company generally and unconditionally to make market purchases of its Ordinary Shares of US$0.01 par value each provided that:

(i)     the maximum aggregate number of Ordinary Shares that may be purchased is 14.99 per cent. of issued share capital (excluding shares held in treasury) as at 19 May 2023 (i.e. 30,798,803 shares);

(ii)    the minimum price which may be paid for each Ordinary Share is US$0.01;

(iii)   the maximum price (excluding expenses) which may be paid for each Ordinary Share is the higher of:

(a) 105 per cent. of the average market value of an Ordinary Share in the Company for the five business days prior to the day the purchase is made; and

(b) the higher of the price of the last independent trade and the highest current independent bid as stipulated by Technical Standards referred to in Article 5 (6) of the UK Market Abuse Regulation; and

(iv)   the authority conferred by this resolution shall expire on 31 December 2024 or, if earlier, at the conclusion of the Company's next annual general meeting save that the Company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase Ordinary Shares which will or may be executed wholly or partly after the expiry of such authority.

140,288,164

99.23

1,084,037

0.77

141,372,201

720

For further information, please contact:

 

Vietnam Enterprise Investments Limited

Rachel Hill

+44 (0) 797 121 4852

+44 (0) 122 561 8150

rachelhill@dragoncapital.com         

 

Jefferies International Limited

Stuart Klein                                                                                                                        

+44 (0) 207 029 8703

stuart.klein@jefferies.com

 

Buchanan

Charles Ryland / Henry Wilson / George Beale

+44 (0) 20 7466 5111

veil@buchanan.uk.com

 

LEI: 213800SYT3T4AGEVW864

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings