19 Mar 2018 11:13
19 March 2018
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 16 March 2018, the Company purchased 500,000 Ordinary Shares of USD0.01 each at an average price of USD0.604 per share.
Following these transactions, VNL has spent USD227.2 million overall repurchasing 329,127,734 shares which have been cancelled. This represents 65.8 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 170,839,888.
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
VNL.L (VNL)