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Pin to quick picksVNL.L Regulatory News (VNL)

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Share buyback

27 Nov 2017 13:55

RNS Number : 6220X
VinaLand Limited
27 November 2017
 

27 November 2017

VinaLand Limited

Share buyback

VinaLand Limited ('the Company' or 'VNL') announces that, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, on 24 November 2017, the Company purchased 350,000 Ordinary Shares of USD0.01 each at an average price of USD0.865 per share.

Following these transactions, VNL has spent USD216.4 million overall repurchasing 313,032,734 shares which have been cancelled. This represents 62.6 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 186,934,888.

More information on the Company is available at www.vnl-fund.com/

Enquiries:Jenny Nguyen VinaCapital Investment Management LimitedInvestor Relations+84 28 3821 9930duyen.h.nguyen@vinacapital.com

 

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 28 3821 9930

joel.weiden@vinacapital.com

Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100philip.j.secrett@uk.gt.com

 

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000funds@numis.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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