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Share buyback

28th Apr 2014 12:30

RNS Number : 6471F
VinaLand Limited
28 April 2014
 



28 April 2014VinaLand LimitedShare buybackVinaLand Limited ('the Company' or 'VNL') announces that on 25 April 2014, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010, the Company purchased 785,000 Ordinary Shares of USD0.01 each at an average price of USD0.55 per share.Following this transaction, VNL has spent USD13.5 million overall repurchasing 26,071,895 shares which have been cancelled. This represents 5.21 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 473,895,727.More information on the Company is available at www.vinacapital.com/vnl.Enquiries:David Dropsey VinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 [email protected] Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 [email protected] Hiroshi Funaki/ Andrew DaviesEdmond de Rothschild Securities, Broker+44 (0)20 7845 [email protected] David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 [email protected] Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 [email protected]

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