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VinaLand Limited   -  VNL   

Share buyback

Released 10:10 30-Oct-2018

RNS Number : 7071F
VinaLand Limited
30 October 2018
 

30 October 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 26 October 2018, the Company purchased 330,000 Ordinary Shares of USD0.01 each at an average price of USD0.266 per share.

Following these transactions, VNL has spent USD236.061 million overall repurchasing 353,347,734 shares which have been cancelled. This represents 70.7 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 146,619,888.

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

Enquiries:

Michael Truong   
VinaCapital Investment Management Limited
Investor Relations
+84 28 3821 9930

michael.truong@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

 

 


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Share buyback - RNS