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Share buyback

3rd Nov 2015 12:00

RNS Number : 3610E
VinaLand Limited
03 November 2015
 



3 November 2015VinaLand LimitedShare buybackVinaLand 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 and in accordance with the terms referenced in the share buyback programme update announcement on 26 August 2015, on 30 October 2015, the Company purchased 650,000 Ordinary Shares of USD0.01 each at an average price of USD0.5958 per share.Following these transactions, VNL has spent USD39.9 million overall repurchasing 73,526,356 shares which have been cancelled. This represents 14.71 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 426,441,266.More information on the Company is available at www.vnl-fund.com/ Enquiries:Jonathon Trewavas VinaCapital Investment Management LimitedInvestor Relations+84 8 3821 9930Jonathon.Trewavas@vinacapital.com Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100philip.j.secrett@uk.gt.com Hiroshi Funaki/ William MarleEdmond de Rothschild Securities, Broker+44 (0)20 7845 5960funds@lcfr.co.uk David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000funds@numis.com Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204andrew.walton@fticonsulting.com

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