Vietnam Enterprise Investments Limited (VEIL), a closed-ended investment company focused on Vietnamese equities and managed by Dragon Capital, has announced the purchase of 46,376 ordinary shares of US$0.01 each on 12 November 2026. The shares were acquired at prices ranging from 728p to 731p, with an average price of 728.97p per share. The repurchased shares will be held in treasury, bringing the company's total treasury holding to 5,682,118 shares, including those purchased but not yet settled.

Key Points

  • Vietnam Enterprise Investments Limited (VEIL) — closed-ended investment company investing in Vietnamese equities
  • VEIL purchased 46,376 ordinary shares on 12 November 2026 for treasury, at an average price of GBP 728.97 per share
  • Total treasury holding now stands at 5,682,118 shares; total voting shares in issue stand at 120,548,861
  • Investors may watch whether continued buyback activity narrows any discount to net asset value

VEIL Repurchases 46,376 Shares at Prices Between 728p and 731p on 12 November 2026

The announcement confirms that Vietnam Enterprise Investments Limited completed the purchase of 46,376 ordinary shares on 12 November 2026. The highest price paid per share was GBP 731.00, while the lowest was GBP 728.00, producing a weighted average of GBP 728.97. The total consideration paid was not disclosed in the announcement. All repurchased shares are to be held in treasury rather than cancelled, a distinction that preserves the company's ability to reissue them at a later date should conditions warrant it.

Treasury Holding Rises to 5,682,118 Shares Following Latest Buyback Settlement

Following this transaction, and including shares purchased but not yet settled, VEIL's total treasury holding has reached 5,682,118 ordinary shares. The total number of shares in issue, excluding treasury shares, now stands at 120,548,861. The company notes that this figure represents the total voting rights in VEIL and serves as the denominator shareholders should use when calculating whether they are required to notify interests or changes in interests under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Dragon Capital-Managed Fund Continues Buyback Programme Amid Vietnam Equities Focus

VEIL is managed by Dragon Capital, one of the longest-established asset managers focused on Vietnam's capital markets. The fund invests primarily in Vietnamese listed equities and seeks to provide investors with exposure to the country's economic growth. Share buyback programmes of this nature are commonly used by closed-ended funds to manage discounts to net asset value, though the company did not disclose the specific rationale or duration of the current buyback programme in this announcement. Joint brokers Jefferies International Limited and Winterflood, a division of Marex Financial, support the company's market activities.

Shareholder Notification Obligations Triggered by Updated Voting Rights Denominator

With the updated total of 120,548,861 voting shares in issue, shareholders in VEIL should review their current holdings against this new denominator to assess whether any notification obligations arise under FCA Disclosure Guidance and Transparency Rules. Investors holding positions near relevant disclosure thresholds may need to assess their reporting requirements following this change. Contact details for VEIL's investor relations, brokers, and communications advisers are provided in the announcement for shareholders seeking further information.