Initial Distribution to Shareholders
(Thomson Reuters ONE) - For immediate release on 23 October 2009 INDOCHINA CAPITAL VIETNAM HOLDINGS LIMITED ("ICV" or the "Company") Initial Distribution to ShareholdersFurther to the announcement on 19 October 2009 regarding the initialdistribution to Shareholders, the Board announces that on 22 October2009 the Company acquired 36,596,245 Shares for cancellation by wayof a compulsory repurchase of 80.2 per cent. of each Shareholder'sholding of Shares, rounded down to the nearest whole number.Following this compulsory repurchase the Company's issued sharecapital consists of 9,034,984 Ordinary Shares with voting rights.This figure may be used by Shareholders as the denominator for thecalculations by which they will determine if they are required tonotify their interest in, or a change to their interests in, theCompany under the FSA's Disclosure and Transparency Rules.Dealings commenced in the remaining Shares under ISIN VGG476901134 at8:00am today.Based on the estimated net asset value of the Company as at 21October 2009 of $255.5m and taking into account the initialdistribution of $205.3m to Shareholders and the associated 1 percent. distribution fee, the estimated pro forma net asset value ofthe Company following the initial distribution is $48.1m, equivalentto $5.32 per Share.Capitalised terms used in this announcement have the same meaning asin the Circular to Shareholders dated 24 September 2009 unless thecontext requires otherwise.For further information please contact:Indochina Capital Advisors Limited +84 8 3910 1525Beat SchuerchArbuthnot Securities Limited 020 70122000Alastair MoretonHannah Pearce---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 23.10.2009 - 09:50 Uhr
Sprache: Deutsch
News-ID 7340
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 210 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Initial Distribution to Shareholders"
steht unter der journalistisch-redaktionellen Verantwortung von
Indochina Capital Vietnam Holdings Ltd (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
