Vinaland ZDP Ltd Future Strategy and Share Buyback (1429C)
23 Giugno 2016 - 7:15PM
UK Regulatory
TIDMVNLZ
RNS Number : 1429C
Vinaland ZDP Ltd
23 June 2016
23 June 2016
VinaLand ZDP Ltd
VinaLand Limited Future Strategy and 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:
Following recent shareholder meetings in Europe where VinaLand's
performance and possible future strategic options for the Company
were discussed, the Board of Directors would like to report that
the feedback received from shareholders will be utilised to further
develop the future strategy which will be circulated to
shareholders in due course, with a final proposal and Board
recommendation put to shareholders ahead of an EGM to be held no
later than 21 November 2016.
The Company also advises it will continue with an ongoing share
buyback program in conjunction with the Investment Manager who will
begin buying shares in the market from proceeds received from the
part payment of the accrued performance fee, as agreed at the
continuation vote in 2012. Numis Securities will be engaged by the
Company to manage the share purchases on behalf of both the Company
and the Investment Manager and the shares purchased will be split
50:50 and the share price paid will be the same for both the
Company and the Investment Manager.
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
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
Daniel Jason
Peregrine Communications, Public Relations (London)
+44 (0) 20 3040 0872
daniel.jason@peregrinecommunications.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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June 23, 2016 13:15 ET (17:15 GMT)
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