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VinaLand Limited   -  VNL   

Share buyback

Released 07:00 12-Feb-2018

RNS Number : 5207E
VinaLand Limited
12 February 2018

12 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 8 February 2018, the Company purchased 3,000,000 Ordinary Shares of USD0.01 each at an average price of USD0.607 per share.

Following these transactions, VNL has spent USD225.4 million overall repurchasing 326,202,734 shares which have been cancelled. This represents 65.2 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 173,764,888.

More information on the Company is available at


Jenny Nguyen   
VinaCapital Investment Management Limited
Investor Relations
+84 28 3821 9930


Joel Weiden

VinaCapital Investment Management Limited


+84 28 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