VinaLand Limited Share buyback (7198K)
11 July 2017 - 8:32PM
UK Regulatory
TIDMVNL
RNS Number : 7198K
VinaLand Limited
11 July 2017
11 July 2017
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 7
July 2017, the Company purchased 3,500,000 Ordinary Shares of
USD0.01 each at an average price of USD0.770 per share.
Following these transactions and the recent Tender Offer, VNL
has spent USD161.1 million overall repurchasing 245,480,002 shares
which have been cancelled. This represents 49.1 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 254,487,620.
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
This information is provided by RNS
The company news service from the London Stock Exchange
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