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Share buyback

17 Oct 2012 12:29

RNS Number : 9085O
Vietnam Infrastructure Limited
17 October 2012
 



17 October 2012

Vietnam Infrastructure Limited

Share buyback

Vietnam Infrastructure Limited ('VNI', the 'Company') announces that on 16 October 2012, pursuant to the share buyback authority granted to the Company's Board of Directors on 27 July 2012, and in accordance with the terms referenced in the share buyback programme update announcement on 28 August 2012, Scepter Asia Limited, a wholly-owned subsidiary of the Company, purchased 1,100,000 Ordinary Shares of US$0.01 each at an average price of USD0.29 per share. 

Following this transaction, VNI has spent USD2.1 million overall repurchasing 6,190,700 shares which are held as treasury shares. The total number of shares acquired represents 1.54 percent of the Company's 402,100,000 Ordinary Shares in issue and as a result, total voting rights in the Company have been reduced to 395,909,300.

More information on the Company is available at www.vinacapital.com/vni

 

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

david.dropsey@vinacapital.com

 

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

 

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

funds@lcfr.co.uk

 

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

d.benda@numis.com

 

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

+852 3716 9802

mark.walters@fticonsulting.com 

 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

andrew.walton@fticonsulting.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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