VOF Vinacapital Vietnam Opportunity Fund Ld

TIDMVOF

RNS Number : 9018Z

VinaCapital Vietnam Opp. Fund Ld

16 December 2014

16 December 2014

VinaCapital Vietnam Opportunity Fund Limited

Share buyback

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') announces that on 16 December 2014, pursuant to the share buyback authority granted to the Company's Board of Directors on 25 October 2011, Visaka Holdings Limited, a wholly-owned subsidiary of the Company, purchased 287,164 Ordinary Shares of USD0.01 each at an average price of USD2.432 per share.

Following this transaction, VOF has spent USD197.1 million overall repurchasing 97,900,147 shares which are held as treasury shares and have reduced the total voting rights in the Company to 226,710,112. The total number of shares acquired since November 2011 represents 30.2% of the Company's 324,610,259 ordinary shares in issue. As a result of the Company's share buyback programme, VOF has recorded USD0.38 in cumulative accretion, equating to a 12.9% benefit to VOF's net asset value per share.

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

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 3821 9930

david.dropsey@vinacapital.com

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

Hiroshi Funaki / Andrew Davies

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

funds@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

END

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