VinaLand Limited Share buyback (0660Y)
16 August 2018 - 11:44PM
UK Regulatory
TIDMVNL
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
michael.truong@vinacapital.com
Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 28 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
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contact rns@lseg.com or visit www.rns.com.
END
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