Share buyback

RNS Number : 5316H
VinaCapital Vietnam Opp. Fund Ld
16 March 2015
 



16 March 2015

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 13 March 2015, 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 27 January 2015, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 745,000 Ordinary Shares of USD0.01 each at an average price of USD2.525 per share.

Following this transaction, VOF has spent USD202.1 million overall repurchasing 99,881,647 shares which are held as treasury shares and have reduced the total voting rights in the Company to 224,728,612. The total number of shares acquired since November 2011 represents 30.77% of the Company's 324,610,259 ordinary shares in issue.

More information on the Company is available at www.vof-fund.com 

 

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 3821 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 / Andrew Davies

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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