COMPANY ANNOUNCEMENT
For Immediate Release 14 July 2017
Vietnam Enterprise Investments Limited
Change to Management Fee
The Board of Vietnam Enterprise Investments Limited (the "Company" or "VEIL") is pleased to announce a change to the Company's management fee structure.
With effect from 1 August 2017, the annual management fee payable to the Company's Investment Manager, Enterprise Investment Management Limited, will be amended from the current 2.00% of net assets per annum as follows: the current fee of 2.00% per annum will continue to apply to the first US$1.25bn of VEIL's net assets but shall reduce to 1.75% per annum for net assets between US$1.25bn and US$1.5bn and further reduce to 1.50% per annum for net assets above US$1.5bn.
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
Vietnam Enterprise Investments Ltd Rachel Hill
[email protected]
+44 (0) 20 7 149 9969
Jefferies International Limited Stuart Klein
[email protected] +44 (0) 20 7029 8703
Smithfield Mav Wynn
[email protected]
+44 (0) 20 3047 2545
