VNL Vinaland Limited

TIDMVNL

RNS Number : 5282L

VinaLand Limited

03 October 2016

3 October 2016

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 30 September 2016, the Company purchased 925,000 Ordinary Shares of USD0.01 each at an average price of USD0.659 per share.

Following these transactions, VNL has spent USD69.2 million overall repurchasing 120,644,161 shares which have been cancelled. This represents 24.1 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 379,323,461.

More information on the Company is available at www.vnl-fund.com/

Enquiries:

Jenny Nguyen

VinaCapital Investment Management Limited

Investor Relations

+84 8 3821 9930

duyen.h.nguyen@vinacapital.com

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 8 3821 9930

joel.weiden@vinacapital.com

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

funds@numis.com

Daniel Jason

Peregrine Communications, Public Relations (London)

+44 (0) 20 3040 0872

daniel.jason@peregrinecommunications.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 03, 2016 09:45 ET (13:45 GMT)

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