VinaLand Limited Share buyback (2690L)
July 17 2017 - 7:46AM
UK Regulatory
TIDMVNL
RNS Number : 2690L
VinaLand Limited
17 July 2017
17 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 14
July 2017, the Company purchased 1,300,000 Ordinary Shares of
USD0.01 each at an average price of USD0.771 per share.
Following these transactions and the recent Tender Offer, VNL
has spent USD162.1 million overall repurchasing 246,780,002 shares
which have been cancelled. This represents 49.4 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 253,187,620.
More information on the Company is available at
www.vnl-fund.com/
Enquiries:
Jonathan Luu / Joel Weiden
VinaCapital Investment Management Limited
Investor Relations / Communications
+84 28 3821 9930
jonathan.luu@vinacapital.com / 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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