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Share buyback

25th Jun 2013 15:50

RNS Number : 8396H
VinaLand Limited
25 June 2013
 



25 June 2013

 

VinaLand Limited

 

Share buyback

 

VinaLand Limited ('the Company' or 'VNL') announces that on 24 June 2013, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, the Company purchased 400,000 Ordinary Shares of USD0.01 each at an average price of USD0.48 per share. 

 

Following this transaction, VNL has spent USD9.9 million overall repurchasing 19,069,395 shares which have been cancelled. This represents 3.81 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 480,898,227.  

 

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

 

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

[email protected]

 

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

+44 (0)20 7383 5100

[email protected]

 

Hiroshi Funaki

Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

[email protected]

 

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

[email protected]

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

Related Shares:

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