IES Holdings Ltd. — Net Asset Value 2017

Jun 5, 2017

National Storage Mechanism | Additional information

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RNS Number : 1820H

VietNam Holding Limited

05 June 2017

VietNam Holding Limited ("VNH" or the "Company") 

Estimated Weekly Net Asset Value (NAV)

VNH announces that as at close of business on 2 June 2017, its Estimated NAV was USD 158.7 million or USD 2.944 per share.

Change in position as at 2 June 2017

	VietNam Holding (NAV per share)	VNAS Index (USD-adjusted)
Change in position:
Last week	0.72%	-0.12%
Year-to-date	11.09%	16.88%
Last 5 years	143.51%	47.76%

On 20 May 2015 VNH issued to its shareholders 19,977,746 warrants to subscribe for new ordinary shares in the Company at a price of US$1.998 per new ordinary share in issue (the "Warrants"). On 2 June 2017, following the final Warrant exercise date, the Company announced that all 19,377,348 Warrants then outstanding had been exercised and that the Company had allotted 19,377,348 new ordinary shares in the Company (the "New Ordinary Shares"). The New Ordinary Shares are expected to be admitted to trading on AIM on 8 June 2017.  The dilutionary impact of the exercise of all remaining Warrants, and the issue of the New Ordinary Shares, would have resulted in VNH's NAV per share being USD 2.694 as at 2 June 2017.

The last-week performance figures are calculated by reference to the previous week's NAV / VNAS positions. The year-to-date performance figures are calculated by reference to the NAV /VNAS positions at the end of the last calendar year (30 December 2016). The last 5 years performance figures are calculated by reference to the NAV / VNAS positions as at 31 May 2012. VNAS performances are sourced from Bloomberg. Bloomberg uses the back-tested positions for VNAS for the period before 27 January 2014, which were released by the HoSE.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

For further information, please contact:

VietNam Holding Asset Management Limited

Rob-Roy Roedel

Telephone: +1 215 325 1334

investorrelations@vnham.com

www.vietnamholding.com

The Estimated Weekly NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Weekly NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Weekly NAV's provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Weekly NAV and it has been provided for indicative purposes only.

This information is provided by RNS

The company news service from the London Stock Exchange

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