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VNLZ Vinaland

125.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vinaland LSE:VNLZ London Ordinary Share GG00BFN0VM06 ZDP SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 125.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vinaland ZDP Ltd Share buyback (8734M)

18/10/2016 4:30pm

UK Regulatory


Vinaland (LSE:VNLZ)
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TIDMVNLZ

RNS Number : 8734M

Vinaland ZDP Ltd

18 October 2016

18 October 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 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 www.vnl-fund.com/

Enquiries:

Jenny Nguyen

VinaCapital Investment Management Limited

Investor Relations

+84 8 3821 9930

duyen.h.nguyen@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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(END) Dow Jones Newswires

October 18, 2016 11:30 ET (15:30 GMT)

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