VNL share buyback

05 September 2013

VinaLand Limited

Share buyback

VinaLand Limited (‘the Company’ or ‘VNL’) announces that on 5 September 2013, pursuant to the share buyback authority added to the Company’s Memorandum and Articles of Association on 10 December 2010 and in accordance with the terms referenced in the share buyback programme update announcement on 13 August 2013, the Company purchased 250,000 Ordinary Shares of USD0.01 each at an average price of USD0.429 per share.

Following this transaction, VNL has spent USD10.1 million overall repurchasing 19,519,395 shares which have been cancelled. This represents 3.90 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 480,448,227.  

More information on the Company is available at


David Dropsey    
VinaCapital Investment Management Limited
Investor Relations/Communications
+84 8 821 9930
Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
Hiroshi Funaki
Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960   
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
Andrew Walton
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204