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Share buyback

17th 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

[email protected]

 

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

[email protected]

 

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

[email protected]

 

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

[email protected]

 

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

+852 3716 9802

[email protected] 

 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

[email protected]

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