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VOF move from AIM taking longer than expected

01 February 2016 14:34

VinaCapital Vietnam Opportunity Fund Limited's move from AIM has been delayed.

The company had expected the move to take place in January but it says the necessary regulatory process in Guernsey has taken longer to complete than originally anticipated. The company now expects that the migration to Guernsey and the move to the London Stock Exchange's main market will be completed before the end of March.

The company also announced that it Visaka Holdings Limited, a wholly-owned subsidiary of the company, bought back 480,000 ordinary shares on Friday at an average price of USD2.22 per share.

VOF has spent USD232.5 million overall repurchasing 112,317,790 shares which have been cancelled and total voting rights in the company are now 212,292,469. At 2:34pm: (LON:VOF) VinaCapital Vietnam Opp. Fund Ltd share price was 0p at 2.23p

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