Vietnam Enterprise Vietnam Ent Inv-VEID - Discount management clarification

Vietnam Enterprise Investments

16/07/2026 07:00

RNS Number : 6128M
  
Vietnam Enterprise Investments Ltd
  
16 July 2026
  
 


16 July 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.
Clarification Statement: Discount Management Update for Shareholders
June 2026
 
Further to the announcement released by the Company on 6 July 2026 in respect of its share buyback activity for June 2026 (the "Original Announcement"), Vietnam Enterprise Investments Limited ("VEIL" or the "Company") is issuing this statement to clarify the basis on which the average premium/(discount) to net asset value (NAV) figures are calculated.
 
The average premium/(discount) to NAV figures set out in the Original Announcement were calculated by reference to the Company's US Dollar-denominated share class (VEID). As VEID does not trade with sufficient regularity to provide a reliable reference price, the Investment Manager has decided to calculate and present this figure by reference to the closing price of the Company's ordinary shares, which are quoted in Pounds Sterling on the London Stock Exchange under ticker VEIL.LN, against NAV. All other information contained in the Original Announcement, including the number of shares purchased and their value, is unaffected and remains unchanged.
 
Below is a summary of buybacks conducted as at 30 June 2026, with the average premium/(discount) to NAV calculated by reference to VEIL.LN:




 


 
June 2026


May 2026


April 2026


Q1 2026


FY 2025


FY 2024


FY 2023




Shares Purchased


 
47,392
 


457,313


1,140,957


21,895,370*


23,755,993


16,293,233


5,698,692




Value (US$)


 
487,788


4,757,859


11,325,518


258,909,555


209,565,272


121,703,936


40,272,632




% of Shares Outstanding**


 
0.0
 


0.3


0.7


13.6


12.9


8.1


2.8




Average Premium/(Discount) %


 
(12.27)
 


(12.95)


(12.89)


(12.08)


(18.27)


(20.14)


(15.75)




 
*Q1 2026 Shares Purchased include 16,108,143 shares repurchased by the Company as part of the tender offer which completed on 19 January 2026
**2026 figures are based on total outstanding shares of 160,977,760 at the beginning of 2026
***Average Premium/(Discount) % is calculated by reference to the closing price of VEIL.LN (GBP) against NAV. Figures in the Original Announcement dated 6 July 2026 were calculated by reference to the Company's US Dollar share class (VEID), which does not trade with sufficient regularity to provide a reliable reference price
 
For further information, please contact:
Vietnam Enterprise Investments Limited
Steven Mantle
+44 75537 01237
stevenmantle@dragoncapital.com
 
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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