Cancellation of Treasury Shares

RNS Number : 2795S

VietNam Holding Limited

29 September 2017

 

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

Cancellation of Treasury Shares

At the 2017 Annual General Meeting of VNH held on 21 September 2017, changes to the Company's share repurchase programme were adopted with the effect that ordinary shares of par value $1 each ("Ordinary Shares") repurchased by the Company will now be cancelled immediately upon repurchase.

In addition,  it was confirmed that all Ordinary Shares currently being held in treasury (the "Treasury Shares") would be cancelled.

Accordingly, the Company announces that it has today cancelled 9,705,593 Ordinary Shares, which it held as Treasury Shares.

Following the above cancellation, VNH has 72,581,346 Ordinary Shares with voting rights in issue and no shares held as Treasury Shares.

VietNam Holding Limited Philip Scales Hiroshi Funaki Milton Lawson

For more information please contact:

VietNam Holding Asset Management Limited	Tel: [phone]
Investor Relations Jay Vontobel [e-mail] www.vietnamholding.com
Smith & Williamson Corporate Finance Limited Nominated Adviser	Tel: [phone]
Azhic Basirov / Ben Jeynes
Winterflood Investment Trusts Broker	Tel: [phone]
Joe Winkley / Neil Langford
Buchanan Communications Financial Public Relations	Tel: [phone]
Charles Ryland / Sophie McNulty

 

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