10th Apr 2013 10:51
10 April 2013
VinaLand Limited
Share buyback
VinaLand Limited ('the Company' or 'VNL') announces that on 9 April 2013, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, the Company purchased 250,000 Ordinary Shares of USD0.01 each at an average price of USD0.4175 per share.
Following this transaction, VNL has spent USD9.6 million overall repurchasing 18,369,395 shares which have been cancelled. This represents 3.67 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 481,598,227.
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
Philip Secrett
Grant Thornton Corporate Finance, Nominated Adviser
+44 (0)20 7383 5100
Hiroshi Funaki
Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960
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
Related Shares:
VNL.L