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Share buyback

18th Aug 2015 11:00

RNS Number : 3452W
VinaLand Limited
18 August 2015
 



18 August 2015

VinaLand LimitedShare buybackVinaLand Limited ('the Company' or 'VNL') announces that on 14 August 2015, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, the Company purchased 200,000 Ordinary Shares of USD0.01 each at an average price of USD0.538 per share.Following these transactions, VNL has spent USD38.1 million overall repurchasing 70,035,402 shares which have been cancelled. This represents 14.01% 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 429,932,220.More information on the Company is available at www.vnl-fund.com/ Enquiries:Jonathon Trewavas VinaCapital Investment Management LimitedInvestor Relations+84 8 3821 9930[email protected] Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100[email protected] Hiroshi Funaki/ William MarleEdmond de Rothschild Securities, Broker+44 (0)20 7845 5960[email protected] David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000[email protected] Andrew WaltonFTI 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
 
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