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Share buyback

10th Sep 2018 14:21

RNS Number : 3072A
VinaLand Limited
10 September 2018
 

10 September 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 7 September 2018, the Company purchased 2,750,000 Ordinary Shares of USD0.01 each at an average price of USD0.28 per share.

Following these transactions, VNL has spent USD235.973 million overall repurchasing 353,017,734 shares which have been cancelled. This represents 70.6 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 146,949,888.

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

Enquiries:Michael Truong VinaCapital Investment Management LimitedInvestor Relations+84 28 3821 9930[email protected] 

 

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 28 3821 9930

[email protected]

Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100[email protected]

 

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000[email protected]

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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