Share buyback

RNS Number : 2158A
VinaCapital Vietnam Opp. Fund Ld
17 February 2014
 



17 February 2014

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 14 February 2014, 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 21 January 2014, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 948,717 Ordinary Shares of USD0.01 each at an average price of USD2.3856 per share.

Following this transaction, VOF has spent USD145.6 million overall repurchasing 77,859,066 shares which are held as treasury shares. The total number of shares acquired since November 2011 represents 24.0 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 246,751,193.

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 UK LLP, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

 

Hiroshi Funaki

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

funds@numis.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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