13 Feb 2017 14:24
13 February 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 10 February 2017, the Company purchased 4,000,000 Ordinary Shares of USD0.01 each at an average price of USD0.690 per share.
Following these transactions, VNL has spent USD97.3 million overall repurchasing 161,285,661 shares which have been cancelled. This represents 32.3 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 338,681,961.
More information on the Company is available at www.vnl-fund.com/
Enquiries:Jenny Nguyen VinaCapital Investment Management LimitedInvestor Relations+84 8 3821 9930duyen.h.nguyen@vinacapital.com
Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 8 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
VNL.L (VNL)