Vinaland ZDP Ltd Share buyback (8734M)
October 18 2016 - 10:30AM
UK Regulatory
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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