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

Share buyback

Released 16:22 28-Feb-2018

RNS Number : 2947G
VinaLand Limited
28 February 2018
 

28 February 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 27 February 2018, the Company purchased 1,925,000 Ordinary Shares of USD0.01 each at an average price of USD0.608 per share.

Following these transactions, VNL has spent USD226.6 million overall repurchasing 328,127,734 shares which have been cancelled. This represents 65.6 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 171,839,888.

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

Enquiries:

Jenny Nguyen   
VinaCapital Investment Management Limited
Investor Relations
+84 28 3821 9930
duyen.h.nguyen@vinacapital.com

 

Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 28 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
 
 
POSEAKAPAFNPEFF
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