Share buyback

RNS Number : 7965I
VinaCapital Vietnam Opp. Fund Ld
30 July 2012
 



30 July 2012

 

VinaCapital Vietnam Opportunity Fund Limited

 

Share buyback

 

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 27 July 2012, pursuant to the share buyback authority granted to the Company's Board of Directors on 25 October 2011, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 500,000 Ordinary Shares of US$0.01 each at an average price of USD1.54 per share. 

 

Following this transaction, VOF has spent USD24.9 million overall repurchasing 16,734,663 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 5.16 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 307,875,596.

 

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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