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VinaLand Limited  -  VNL   

Share buyback

Released 16:13 03-Jan-2017

RNS Number : 2157T
VinaLand Limited
03 January 2017

3 January 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 30 December 2016, the Company purchased 2,250,000 Ordinary Shares of USD0.01 each at an average price of USD0.689 per share.

Following these transactions, VNL has spent USD85.5 million overall repurchasing 144,278,161 shares which have been cancelled. This represents 28.9 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 355,689,461.

More information on the Company is available at 


Jenny Nguyen   
VinaCapital Investment Management Limited
Investor Relations
+84 8 3821 9930


Joel Weiden

VinaCapital Investment Management Limited


+84 8 3821 9930

Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100


David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000


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Share buyback - RNS