Thu, 3rd May 2018 14:14
3 May 2018
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 2 May 2018, the Company purchased 4,000,000 Ordinary Shares of USD0.01 each at an average price of USD0.533 per share.
Following these transactions, VNL has spent USD231.1 million overall repurchasing 336,077,734 shares which have been cancelled. This represents 67.2 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 163,889,888.
More information on the Company is available at www.vnl-fund.com/
Enquiries: Jenny Nguyen VinaCapital Investment Management Limited Investor Relations +84 28 3821 firstname.lastname@example.org
VinaCapital Investment Management Limited
+84 28 3821 9930
Philip Secrett Grant Thornton UK LLP, Nominated Adviser +44 (0)20 7383 email@example.com
David Benda / Hugh Jonathan Numis Securities Limited, Broker +44 (0)20 7260 firstname.lastname@example.org