Regulatory Story
Go to market news section View chart   Print
RNS
VinaLand Limited  -  VNL   

Share buyback

Released 15:05 09-May-2017

RNS Number : 6385E
VinaLand Limited
09 May 2017
 

9 May 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 5 May 2017, the Company purchased 1,000,000 Ordinary Shares of USD0.01 each at an average price of USD0.71 per share.

Following these transactions, VNL has spent USD116.9 million overall repurchasing 189,347,091 shares which have been cancelled. This represents 37.9 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 310,620,531.

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

 

Enquiries:

Jenny Nguyen   
VinaCapital Investment Management Limited
Investor Relations
+84 8 3821 9930
duyen.h.nguyen@vinacapital.com

 

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 8 3821 9930

joel.weiden@vinacapital.com


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

 

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

 


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


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Share buyback - RNS