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Company VinaLand Limited
TIDM VNL
Headline

Share buyback

Released 12:15 06-Jun-2014
Number 0496J12

RNS Number : 0496J
VinaLand Limited
06 June 2014
 



6 June 2014

VinaLand Limited

Share buyback

VinaLand Limited ('the Company' or 'VNL') announces that on 5 June 2014, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, the Company purchased 1,600,000 Ordinary Shares of USD0.01 each at an average price of USD0.5525 per share.

Following these transactions, VNL has spent USD18.7 million overall repurchasing 35,436,895 shares which have been cancelled. This represents 7.09 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 464,530,727.

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

Enquiries:

David Dropsey    
VinaCapital Investment Management Limited
Investor Relations/Communications
+84 8 821 9930
david.dropsey@vinacapital.com
 
Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
philip.j.secrett@uk.gt.com
 
Hiroshi Funaki/ Andrew Davies
Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960
funds@lcfr.co.uk   
 
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
funds@numis.com
 
Andrew Walton
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204
andrew.walton@fticonsulting.com


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