VNL Vinaland Limited

TIDMVNL

RNS Number : 0797Q

VinaLand Limited

24 November 2016

24 November 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 23 November 2016, the Company purchased 4,650,000 Ordinary Shares of USD0.01 each at an average price of USD0.688 per share.

Following these transactions, VNL has spent USD78.2 million overall repurchasing 133,683,161 shares which have been cancelled. This represents 26.7 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 366,284,461.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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