REG - VietNam Holding Ltd - Redemption Results

VietNam HoldingAnnouncement

28/10/2024 07:00

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RNS Number : 7726J  VietNam Holding Limited  28 October 2024

For Immediate Release

VietNam Holding Limited

('VNH' or the 'Company')

 

Redemption Price and Payment Timetable

On the 30 September 2024, the Company announced that a number of shareholders
had requested to withdraw their initial redemption requests reducing the
overall redemption received to 12.6% of the total number of shares. Following
this process, the Board of VNH is pleased to announce that the final number of
Ordinary Shares validly tendered for redemption for 2024 is 3,411,748 shares.
This reduced number of Ordinary Shares represents approximately 12.57% of the
Ordinary Shares in issue as at 31 August 2024.

 

All shareholders who validly applied to have their Ordinary Shares redeemed
will receive the Redemption Price of 406.2pence per share, less any redemption
fee applicable and direct expenses related to the redemption.

It is expected that dispatch of payments in respect of the valid redemption
requests will be made on or around 31 October 2024.

Following this redemption, with effect 1 October 2024, the total number of
voting rights in the Company is 23,676,639 Ordinary Shares with no shares held
as Treasury Shares. All Ordinary Shares have 1 vote per share.

 

This total voting rights figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 

 More information on the Company is available at                       www.vietnamholding.com (http://www.vietnamholding.com)

 Investment Manager

 Dynam Capital, Ltd.                                                   Tel.: +84 28 3827 7590

 Craig Martin

 Cavendish Capital Markets Limited
 Corporate Broker

 Trading:                              Johnny Hewitson                 Tel: +44 20 7220 0558
 Sales:                                                                Tel: +44 20 7220 0517
               Pauline Tribe
 Corporate Finance:          James King                                Tel: +44 20 7220 0500

 Company Secretary                                                      Tel: +44 20 3530 3158

 Sanne Group (Guernsey) Limited

 Michael Mabaso-Mlilo

 

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