3 Feb 2014 15:30
3 February 2014VinaLand LimitedShare buybackVinaLand Limited ('the Company' or 'VNL') announces that on 31 January 2014, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010 and in accordance with the terms referenced in the share buyback programme update announcement on 24 January 2014, the Company purchased 250,000 Ordinary Shares of USD0.01 each at an average price of USD0.505 per share.Following this transaction, VNL has spent USD10.7 million overall repurchasing 20,769,395 shares which have been cancelled. This represents 4.15 percent of the Company's 499,967,622 Ordinary Shares in issue prior to the beginning of the share buyback program and as a result, total voting rights in the Company have been reduced to 479,198,227. More information on the Company is available at www.vinacapital.com/vnl.Enquiries:David Dropsey VinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 9930david.dropsey@vinacapital.com Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100philip.j.secrett@uk.gt.com Hiroshi Funaki/ Andrew DaviesEdmond de Rothschild Securities, Broker+44 (0)20 7845 5960funds@lcfr.co.uk David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000funds@numis.com Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204andrew.walton@fticonsulting.com