REG - Vietnam Enterprise - Result of AGM

Vietnam Enterprise InvestmentsAnnouncement

25/06/2024 13:45

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RNS Number : 8200T  Vietnam Enterprise Investments Ltd  25 June 2024

COMPANY ANNOUNCEMENT

 

For Immediate Release
 
 

25 June 2024

 

Vietnam Enterprise Investments Limited

(the "Company")

 

RESULT OF ANNUAL GENERAL MEETING

 

The Board of Directors of the Company announces that at the Annual General
Meeting of the Company held on 25 June 2024 (the "2024 AGM"), the resolutions
numbered 1 to 10 in the notice of meeting for the 2024 AGM were passed by the
required majority on a poll vote.

 

The votes made in relation to the resolutions proposed at the 2024 AGM were as
follows:

 

 Ordinary Resolutions                                                            For          %      Against    %     Total proxy votes cast  Abstentions
 1.    To receive and adopt the audited financial statements for the year        135,258,099  100    0          0     135,258,099             0
 ended 31 December 2023 together with the auditor's and Directors' reports
 thereon.
 2.    To re-appoint KPMG Limited of Vietnam as auditor of the Company and to    134,920,647  99.75  337,452    0.25  135,258,099             0
 authorise the Board to fix their remuneration.
 3.    To elect Charles Cade as a Director of the Company.                       135,258,099  100    0          0     135,258,099             0
 4.    To re-elect Vi Peterson as a Director of the Company.                     134,440,209  99.40  817,890    0.60  135,258,099             0
 5.    To re-elect Entela Benz-Saliasi as a Director of the Company.             125,537,238  92.81  9,720,861  7.19  135,258,099
 6.    To re-elect Low Suk Ling as a Director of the Company.                    135,257,799  100    300        0     135,258,099
 7.    To re-elect Sarah Arkle as a Director of the Company.                     135,257,799  100    300        0     135,258,099
 8.    To re-elect Dominic Scriven as a Director of the Company.                 125,243,370  99.77  293,868    0.23  125,537,238             9,720,861
 9.    To adopt the proposed investment policy as the investment policy of       135,258,099  100    0          0     135,258,099             0
 the Company.

 

 Special Resolution                                                               For          %      Against  %     Total proxy votes cast  Abstentions
 10.  To authorise the Company generally and unconditionally to make market       134,920,923  99.75  337,176  0.25  135,258,099             0
 purchases of its Ordinary Shares of US$0.01 par value each provided that:

 (i)     the maximum aggregate number of Ordinary Shares that may be
 purchased is 14.99 per cent. of issued share capital (excluding shares held in
 treasury) as at 29 May 2024;

 (ii)    the minimum price which may be paid for each Ordinary Share is
 US$0.01;

 (iii)   the maximum price (excluding expenses) which may be paid for each
 Ordinary Share is the higher of:

 (a) 105 per cent. of the average market value of an Ordinary Share in the
 Company for the five business days prior to the day the purchase is made; and

 (b) the higher of the price of the last independent trade and the highest
 current independent bid as stipulated by Technical Standards referred to in
 Article 5 (6) of the UK Market Abuse Regulation; and

 (iv)   the authority conferred by this resolution shall expire on 31 December
 2025 or, if earlier, at the conclusion of the Company's next annual general
 meeting save that the Company may, before the expiry of the authority granted
 by this resolution, enter into a contract to purchase Ordinary Shares which
 will or may be executed wholly or partly after the expiry of such authority.

For further information, please contact:

 

Vietnam Enterprise Investments Limited

Rachel Hill

+44 (0) 797 121 4852

+44 (0) 122 561 8150

rachelhill@dragoncapital.com (mailto:rachelhill@dragoncapital.com)
 

 

Jefferies International Limited

Stuart Klein
 
 

+44 (0) 207 029 8703

stuart.klein@jefferies.com (mailto:stuart.klein@jefferies.com)

 

Buchanan

Charles Ryland / Henry Wilson / George Beale

+44 (0) 20 7466 5111

veil@buchanan.uk.com (mailto:veil@buchanan.uk.com)

LEI: 213800SYT3T4AGEVW864

 

 

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