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Share buyback

20 May 2013 08:42

RNS Number : 0935F
Vietnam Infrastructure Limited
20 May 2013
 

20 May 2013

Vietnam Infrastructure Limited

Share buyback

Vietnam Infrastructure Limited ('VNI', the 'Company') announces that on 13 May 2013, pursuant to the share buyback authority granted to the Company's Board of Directors on 27 July 2012, Scepter Asia Limited, a wholly-owned subsidiary of the Company, purchased 3,500,000 ordinary shares of USD0.01 each at an average price of USD0.35 per share. 

Following this transaction, VNI has spent USD7.6 million overall repurchasing 23,666,084 shares which are held as treasury shares. The total number of shares acquired represents 5.9 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 378,433,916.

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

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

 

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
 
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