REG - VinaCapital Vietnam - Result of AGM
04/12/2024 15:45
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RNS Number : 8449O VinaCapital Vietnam Opportunity Fd. 04 December 2024
VinaCapital Vietnam Opportunity Fund Limited
(the "Company" or "VOF")
LEI Number: 2138007UD8FBBVAX9469
Results of AGM - 4 December 2024
The Directors of the Company are pleased to announce the results of voting at
the annual general meeting of the Company held at 11:00 AM (UK Time) on 4
December 2024 at the offices of Aztec Group, East Wing, Trafalgar Court, Les
Banques, St Peter Port, Guernsey, GY1 3PP (the "AGM").
A summary of the results is provided below.
All resolutions proposed at the AGM were passed.
Voting was conducted by a show of hands and inclusive of votes received by the
Company by way of proxy, either by post, web voting or via CREST, by no later
than 11:00 AM (UK Time) on 2 December 2024.
Total votes of 67,194,828 were cast at the AGM, representing 46.43% of the
total issued share capital of the Company as at 4 December 2024 (immediately
prior to convening the AGM).
The text of the resolutions is paraphrased, the full text of each resolution
is available in the notice and agenda of the AGM.
# Resolution Type In Favour Against Votes Withheld
Votes %age Votes %age
1. To adopt the annual report and financial statements of the Company for the Ordinary Resolution 67,175,185 100.00% 492 0.00% 19,151
year ended 30 June 2024.
2. To adopt the Directors' Remuneration Implementation Report. Ordinary Resolution 64,230,652 95.64% 2,931,501 4.36% 32,675
3. To re-appoint Ernst & Young LLP as Auditor of the Company until conclusion Ordinary Resolution 65,433,345 97.41% 1,739,269 2.59% 22,214
of the next annual general meeting.
4. To authorise the Board of Directors to determine the Auditor's remuneration. Ordinary Resolution 67,156,730 99.98% 15,112 0.02% 22,986
5. To re-elect Huw Evans following his retirement as a Director of the Company. Ordinary Resolution 58,719,463 87.42% 8,446,899 12.58% 28,466
6. To re-elect Peter Hames following his retirement as a Director of the Company. Ordinary Resolution 63,127,078 93.99% 4,037,191 6.01% 30,559
7. To re-elect Julian Healy following his retirement as a Director of the Ordinary Resolution 63,130,345 93.99% 4,033,924 6.01% 30,559
Company.
8. To re-elect Kathryn Matthews following her retirement as a Director of the Ordinary Resolution 63,126,953 93.99% 4,038,723 6.01% 29,152
Company.
9. To elect Hai Trinh following his retirement as a Director of the Company. Ordinary Resolution 63,129,709 93.99% 4,038,718 6.01% 26,401
10. To receive and approve the Company's dividend policy as contained within its Ordinary Resolution 67,164,173 99.99% 8,702 0.01% 21,953
annual report and financial statements of the Company for the year ended 30
June 2024.
11. That the Company be authorised in accordance with section 315 of the Companies Ordinary Resolution 67,172,341 99.98% 11,090 0.02% 11,397
Law to make market acquisitions of its ordinary shares.
12. That the Directors be authorised to issue ordinary shares up to a maximum of Ordinary Resolution 66,953,244 99.67% 221,623 0.33% 19,961
10% of the issued ordinary share capital of the Company.
13. That the pre-emption rights granted to shareholders shall not apply in respect Extraordinary Resolution 66,380,446 98.82% 792,619 1.18% 20,763
of the issue of up to 10% of the issued ordinary share capital of the Company.
A copy of this announcement will be available on the Company's website
at https://vinacapital.com/investment-solutions/offshore-funds/vof/corporate-literature/
(https://vinacapital.com/investment-solutions/offshore-funds/vof/corporate-literature/)
and, in accordance with Listing Rules, the full text of the special
resolutions passed at the AGM has been submitted to the National Storage
Mechanism.
Further information is available on the Company's website at:
https://vinacapital.com/investment-solutions/offshore-funds/vof/overview/
(https://vinacapital.com/investment-solutions/offshore-funds/vof/overview/)
Enquiries:
Joel Weiden
Investment Manager - Investor Relations and Communications
VinaCapital Investment Management Limited
T: +84 28 3821 9930
E: joel.weiden@vinacapital.com
Magdala Mullegadoo
Company Secretary / Administrator
Aztec Financial Services (Guernsey) Limited
T: +44 1481 748 814
E: vinacapital@aztecgroup.co.uk
1. References to VOF or the Company in this announcement shall mean VinaCapital
Vietnam Opportunity Fund Limited, a non-cellular company incorporated in the
Bailiwick of Guernsey under The Companies (Guernsey) Law, 2008, with
registered number 61765. It is authorised by the Guernsey Financial Services
Commission (reference number 2268242) as a registered closed-ended investment
scheme under The Protection of Investors (Bailiwick of Guernsey) Law, 1987 and
in compliance with the Registered Collective Investment Scheme Rules, as
amended.
2. The registered office address of the Company is East Wing, Trafalgar Court,
Les Banques, St Peter Port, Guernsey, Channel Islands, GY1 3PP.
3. This announcement may contain inside information as stipulated under the
Market Abuse Regulations
4. The total voting rights of the Company immediately prior to convening the AGM
were 150,909,540.
5. Pursuant the Companies (Guernsey) Law, 2008, resolutions of the members are
passed on a show of hands if passed by members who vote in person and by
persons who vote as duly appointed proxies of members entitled to vote.
Accordingly, this means that resolutions are passed by the requisite majority
of votes cast at the AGM, not as a majority of the total voting rights.
6. A vote withheld is not a vote in law and is not counted in the calculation of
the proportion of votes "for" and "against" a particular resolution.
7. Ordinary resolutions are passed if more than 50% of votes are cast in favour
of the resolution.
8. Special resolutions are passed if more than 75% of votes are cast in favour of
the resolution.
9. Pursuant to the articles of the Company, an Extraordinary resolution is passed
if more than 75% of votes are cast in favour of the resolution.
10. Total percentages voted may not add to 100% in all cases due to rounding.
1.
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