Close Period Buyback

RNS Number : 5081G

VietNam Holding Limited

29 June 2012

 



VietNam Holding Limited

Close Period Buyback

Vietnam Holding Limited ("VNH" or the "Company") announces that it has entered into an irrevocable and non-discretionary arrangement with its broker, Oriel Securities Limited, to repurchase  on its behalf  and  within  certain  pre-set  parameters,   ordinary  shares  in  the  Company during the  Company's close  period relating to its annual results (the "Close Period"). After purchase, the shares will be held in Treasury. The Close Period will commence on 1 July 2012 and end when the annual results are published. The buyback will be independently managed by Oriel Securities Limited during the Close Period.

These arrangements form part of the buyback programme which was approved by shareholders at the Company's Annual General Meeting ("AGM") on 22 September 2011. Further information on the buyback authority, including the shareholder resolutions for the AGM and the Extraordinary Annual Meeting held on 11 April 2012, can be found on VNH's website at www.vietnamholding.com

For more information please contact:

VietNam Holding Asset Management Limited

Gyentsen Zatul

Investor Relations

Telephone: [phone]

Oriel Securities Limited (Nominated Adviser and Broker)

Joe Winkley / Tom Yeadon / Neil Winward

Telephone: [phone]

 

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