Source - RNS
RNS Number : 8295M
VinaLand Limited
18 October 2016

18 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 17 October 2016, the Company purchased 1,150,000 Ordinary Shares of USD0.01 each at an average price of USD0.670 per share.

Following these transactions, VNL has spent USD70.0 million overall repurchasing 121,794,161 shares which have been cancelled. This represents 24.4 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 378,173,461.

More information on the Company is available at 


Jenny Nguyen   
VinaCapital Investment Management Limited
Investor Relations
+84 8 3821 9930


Joel Weiden

VinaCapital Investment Management Limited


+84 8 3821 9930

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


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

Daniel Jason

Peregrine Communications, Public Relations (London)

+44 (0) 20 3040 0872


This information is provided by RNS
The company news service from the London Stock Exchange