Update Following AGM

For Immediate Release 

26 June 2025

Vietnam Enterprise Investments Limited

(the "Company")

UPDATE FOLLOWING AGM

On 18 June 2025, the Company announced the results of its annual general meeting that was held earlier that day. The Board noted in that announcement that, in relation to Resolution 10 (being the resolution to wind up the Company effective on 31 December 2027), votes constituting 41.06% of the total votes cast were cast in favour of that resolution.

The Board committed to consult with relevant shareholders in order to understand the reasons behind their voting decision with a view to providing an update within six months, as required by the AIC Code on Corporate Governance. Whilst the process of such engagement with relevant shareholders is ongoing, during initial conversations with certain relevant shareholders, it has come to light that a number of the shares voted on resolution 10 were inadvertently voted incorrectly in favour of such resolution, when the intention of the relevant shareholders had been to vote against such resolution. Had such votes been cast correctly, the number of votes cast in favour of discontinuation would have been substantially lower, however still in excess of the 20% threshold obliging the Board to consult with relevant shareholders pursuant to the AIC Code on Corporate Governance.

The Board remains committed to consult with relevant shareholders that voted in favour of resolution 10 in order to understand the reasons behind their voting decision and will provide an update in due course, as previously announced.

For further information, please contact:

Vietnam Enterprise Investments Limited

Steven Mantle

+44 (0) 755 370 1237

[email protected] 

Jefferies International Limited

Stuart Klein

+44 (0) 207 029 8703

[email protected]

h2Radnor

Iain Daly

+44 (0) 20 3897 1830

[email protected]

Montfort Communications

Gay Collins, Alex Everett

+44 (0) 7798 626282

[email protected]

LEI: 213800SYT3T4AGEVW864