VNLZ Vinaland

TIDMVNLZ

RNS Number : 8059S

Vinaland ZDP Ltd

21 March 2016

21 March 2016

VinaLand ZDP Ltd

Share buyback

VinaLand ZDP Ltd, admitted to the main market of the London Stock Exchange, announces that today its parent company VinaLand Limited ("VNL") made the following announcement:

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 18 March 2016, the Company purchased 449,000 Ordinary Shares of USD0.01 each at an average price of USD0.620 per share.

Following these transactions, VNL has spent USD51.7 million overall repurchasing 92,555,901 shares which have been cancelled. This represents 18.5 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 407,411,721.

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

Enquiries:

Jeremy Greenberg

VinaCapital Investment Management Limited

Investor Relations

+84 8 3821 9930

Jeremy.greenberg@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

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

andrew.walton@fticonsulting.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSEAKDFALSKEFF

(END) Dow Jones Newswires

March 21, 2016 13:00 ET (17:00 GMT)

Grafico Azioni Vinaland (LSE:VNLZ)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Vinaland (LSE:VNLZ)
Storico
Da Giu 2023 a Giu 2024