(“VNL”, or together with its subsidiaries, the “Group”)
17 December 2013
RESULTS OF PLACING AND OFFER OF ZERO DIVIDEND PREFERENCE SHARES
VNL is pleased to announce that its wholly owned subsidiary VinaLand ZDP Ltd. (the “Issuer”), as at the closing of the Placing and Offer, had received valid acceptances in respect of 15 million Zero Dividend Preference Shares (“ZDP Shares”), with a Gross Redemption Yield of 8%.
The ZDP Shares have an issue price of 100 pence and a final capital entitlement of 126.0 pence per ZDP Share.
It is expected that the ZDP Shares in uncertificated from will be credited to CREST accounts as soon as practicable after 8:00 a.m. on 20 December 2013 and that definitive share certificates will be dispatched to the relevant Shareholders during the week commencing 6 January 2014.
Applications have been made to the UK Listing Authority and to the London Stock Exchange plc (“LSE”) for 15 million ZDP Shares to be admitted to a standard listing on the Official List and to trading on the LSE’s main market for listed securities. It is expected that such admissions will become effective and the dealings in the ZDP Shares will commence at 8:00 a.m. on 20 December 2013.
Defined terms used in this announcement shall have the same meaning as ascribed to them in the prospectus of the Issuer dated 6 December 2013.
More information on VNL is available at www.vinacapital.com/vnl
VinaCapital Investment Management Limited
Investor Relations / Communications
+84 8 821 9930
William Marle / Hiroshi Funaki
Edmond de Rothschild Securities,
Placing Agent, Financial Adviser & Broker
+44 (0)20 7845 5950 / 5960
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204