IES Holdings Ltd.

Share Issue/Capital Change • Oct 3, 2022

National Storage Mechanism | Additional information

RNS Number : 5429B

VietNam Holding Limited

03 October 2022

3 October 2022

For Immediate release

VietNam Holding Limited

("VNH" or the "Company")

Dynam Capital Limited Update

VNH is pleased to announce that, following approval by the Guernsey Financial Services Commission, Vindustrial Ltd has acquired a strategic shareholding of 50.5% in VNH's investment manager, Dynam Capital Limited ("Dynam Capital"), from the foundation that established Dynam Capital in 2018.  Dynam's executive management shareholding of 49.5% in Dynam Capital remains unchanged.

This investment represents an important milestone in the growth and development of Dynam Capital, following the recent successful launch of an open-end fund, the Dynam Vietnam Sustainable Growth Fund.

Enquiries:

Sanne Group (Guernsey) Limited Company Secretary	+44 (0) 1481 739 810
Dynam Capital Limited Craig Martin	+84 (0) 28 3827 7590
finnCap Limited William Marle/Milesh Hindocha	+44 (0) 20 7220 0500

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