Vietnam Enterprise Investments Limited (VEIL), a closed-end investment company focused on Vietnamese equities and managed by Dragon Capital, has announced the purchase of 80,006 of its own ordinary shares on 6 November 2026. The shares were acquired at prices ranging from 715p to 719p, with an average price of 715.81p per share. The buyback forms part of VEIL's ongoing treasury share programme, bringing total shares held in treasury to 5,337,178. Following the transaction, the company's total voting share count stands at 120,893,801 shares.

Key Points

  • Vietnam Enterprise Investments Limited (VEIL) — a Dragon Capital-managed closed-end fund investing in Vietnamese equities
  • VEIL purchased 80,006 ordinary shares of US$0.01 each on 6 November 2026 for treasury
  • Average price paid was GBP 715.81 per share; highest price was GBP 719.00 and lowest was GBP 715.00
  • Investors should watch the pace of further buybacks and any change to the total voting rights denominator

VEIL Repurchases 80,006 Shares at Average 715.81p on 6 November 2026

Vietnam Enterprise Investments Limited confirmed it purchased 80,006 ordinary shares on 6 November 2026 as part of its treasury share programme. The highest price paid in the transaction was GBP 719.00 per share, with the lowest at GBP 715.00 and the average settling at GBP 715.81. Each ordinary share carries a nominal value of US$0.01. The repurchased shares will be held in treasury rather than cancelled, a structure commonly used by investment companies to manage discount levels and return capital to continuing shareholders without permanently reducing the share count.

Treasury Holdings Rise to 5,337,178 Shares Including Unsettled Purchases

Following this transaction, and including shares purchased but not yet settled, VEIL's total treasury holding stands at 5,337,178 shares, the announcement states. Treasury shares carry no voting rights and are excluded from the company's reported share capital for voting purposes. The total number of shares in issue, excluding treasury holdings, is now 120,893,801. This figure represents the total voting rights in the company and is disclosed specifically so that shareholders can use it as the denominator when calculating whether they are required to notify interests under the FCA's Disclosure Guidance and Transparency Rules.

VEIL's Vietnam-Focused Strategy and Dragon Capital Management Underpin Buyback Context

Vietnam Enterprise Investments Limited is a closed-end fund listed in London that invests primarily in Vietnamese equities, with Dragon Capital serving as its investment manager. The company's revenue model derives from capital appreciation and dividend income across its Vietnamese equity portfolio. Buyback activity of this nature can be a signal that the board views the prevailing share price as representing a discount to net asset value, though the announcement does not explicitly state this as the rationale. Investors may be watching whether the buyback programme continues at a similar pace in subsequent sessions.

Jefferies International Acts as Broker for VEIL's Ongoing Share Repurchase Programme

Jefferies International Limited is named in the announcement as a key contact alongside the company, with Stuart Klein listed as the relevant representative. H2 Radnor and Montfort Communications are also cited as advisers supporting VEIL's investor relations and communications activities. The involvement of a regulated broker such as Jefferies is consistent with standard market practice for listed companies conducting share buybacks under FCA rules. The company's LEI is disclosed as 213800SYT3T4AGEVW864, providing a unique identifier for regulatory reporting purposes across financial market participants.