25 June 2012
Vietnam Infrastructure Limited
Notice of EGM for Share Buyback Authority
Vietnam Infrastructure Limited (the “Company” or “VNI”), the first publicly traded fund to focus on infrastructure assets in Vietnam, announces that an Extraordinary General Meeting of Shareholders (“EGM”) will be held at 17:00 (Hong Kong time) on Friday, 27 July 2012 at the Bridges Executive Centre, Unit 3709, 37/F, Tower Two, Lippo Centre, 89, Queensway, Admiralty, Hong Kong.
In order to facilitate the return of capital and income to shareholders and assist the Company in seeking to reduce any discounts which may arise between the quoted price of the Ordinary Shares and the applicable net asset value per Ordinary Share, the Company is proposing to put in place a permanent share buy-back authority. This authority would give the Board of Directors (the "Board") an ongoing authority to make both on-market and off-market purchases of Ordinary Shares and flexibility and discretion to set the parameters for such purchases of Ordinary Shares. At the EGM, a shareholder resolution to grant the buy-back authority will be proposed.
The Company will shortly send a circular and form of proxy to shareholders (the "Circular") detailing the resolution that will be put to shareholders for their approval at the EGM.
Both documents will also be posted on the Company’s website at www.vinacapital.com/vni.
VinaCapital Investment Management Limited
+84 8 821 9930
Grant Thornton Corporate Finance, Nominated Adviser
+44 (0)20 7583 5100
LCF Edmond de Rothschild Securities, Broker
+44 20 7845 5960
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
FTI Consulting, Public Relations (Hong Kong)
+852 3716 9802
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204