10 April 2013
VinaLand Limited (â€˜the Companyâ€™ or â€˜VNLâ€™) announces that on 9 April 2013, pursuant to the share buyback authority added to the Companyâ€™s Memorandum and Articles of Association on 10 December 2010, the Company purchased 250,000 Ordinary Shares of USD0.01 each at an average price of USD0.4175 per share.
Following this transaction, VNL has spent USD9.6 million overall repurchasing 18,369,395 shares which have been cancelled. This represents 3.67 percent of the Companyâ€™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 481,598,227.Â
More information on the Company is available at www.vinacapital.com/vnl.
VinaCapital Investment Management Limited
+84 8 821 9930
Grant Thornton Corporate Finance, Nominated Adviser
+44 (0)20 7383 5100
Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204