Discount Management Update
Summary by AI BETAClose X
11 August 2026
Vietnam Enterprise Investments Limited
("VEIL" or the "Company")
VEIL is a London-listed investment company investing primarily in listed Vietnamese equities and is a FTSE 250 constituent.
Discount Management Update for Shareholders
July 2026
The Board of Vietnam Enterprise Investments Limited ("VEIL") is providing a monthly update on the Company's share buyback activity, which is conducted as part of its ongoing commitment to discount management.
The Board believes that the use of share buybacks remains an effective tool to manage the absolute level and volatility of the share price discount to net asset value (NAV) and continues to authorise purchases when it believes such activity is in the best interests of shareholders.
Below is a summary of buybacks conducted as at 31 July 2026:
|
|
July 2026 |
Q2 2026 |
Q1 2026 |
FY 2025 |
FY 2024 |
FY 2023 |
|
Shares Purchased |
13,748,8051 |
1,645,662 |
21,895,3702 |
23,755,993 |
16,293,233 |
5,698,692 |
|
Value (US$) |
155,418,189 |
16,571,166 |
258,909,555 |
209,565,272 |
121,703,936 |
40,272,632 |
|
% of Shares Outstanding3 |
8.5 |
1.0 |
13.6 |
12.9 |
8.1 |
2.8 |
|
Average Premium/(Discount) %4 |
(10.9) |
(12.7) |
(12.1) |
(18.3) |
(20.1) |
(15.8) |
1July 2026 Shares Purchased include 13,743,673 shares repurchased by the Company as part of the tender offer which completed on 13 July 2026.
2Q1 2026 Shares Purchased include 16,108,143 shares repurchased by the Company as part of the tender offer which completed on 19 January 2026.
32026 figures are based on total outstanding shares of 160,977,760 at the beginning of 2026. Figures for other years are based on outstanding shares at the start of the respective year.
4Average Premium/(Discount) % is calculated by reference to the daily closing price of VEIL.LN (GBP) against NAV net of fees.
For further information, please contact:
Vietnam Enterprise Investments Limited
Thuy Anh Nguyen
+44 7885 886492
thuyanhnguyen@dragoncapital.com
Jefferies International Limited
Stuart Klein
+44 207 029 8703
stuart.klein@jefferies.com
Montfort
Alex Everett
+44 (0)77804 31533
Nita Shah
+44 (0)79041 20960
veil@montfort.london
h2Radnor
Iain Daly
+44 20 3897 1830
idaly@h2radnor.com
LEI: 213800SYT3T4AGEVW864
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