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VinaLand Limited (VNL)

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Thursday 16 August, 2018

VinaLand Limited

Share buyback

RNS Number : 0660Y
VinaLand Limited
16 August 2018
 

16 August 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 15 August 2018, the Company purchased 2,400,000 Ordinary Shares of USD0.01 each at an average price of USD0.28 per share.

Following these transactions, VNL has spent USD235.2 million overall repurchasing 350,267,734 shares which have been cancelled. This represents 70.1 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 149,699,888.

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

Enquiries:

Michael Truong   
VinaCapital Investment Management Limited
Investor Relations
+84 28 3821 9930
[email protected] 

 

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 28 3821 9930

[email protected]


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

 

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

 

 


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