Exercise of Options

RNS Number : 9368B

Asian Plantations Limited

24 April 2012

 



24 April 2012

Asian Plantations Limited

("APL" or the "Company")

Exercise of Options

Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, announces that 23,000 options have been exercised into new ordinary shares of no par value ("Ordinary Shares") in APL at a subscription price of SGD$1.55 per share.

Application has been made for the 23,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on Monday 30 April 2012.

The Company's total ordinary share capital following the admission of the new Ordinary Shares will be 46,197,751 Ordinary Shares.

For further information contact:

Asian Plantations Limited Graeme Brown, Joint Chief Executive Officer Dennis Melka, Joint Chief Executive Officer	Tel:  [phone]
Strand Hanson Limited James Harris Paul Cocker Liam Buswell	Tel: [phone]
Panmure Gordon (UK) Limited Tom Nicholson Callum Stewart	Tel:   [phone] Tel: [phone]
Macquarie Capital (Europe) Limited Steve Baldwin Dan Iacopetti	Tel: [phone]
Bankside Consultants Simon Rothschild	Tel: [phone]

 

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