Director's Dealing

RNS Number : 7239S

Asian Plantations Limited

11 November 2013

 



11 November 2013

Asian Plantations Ltd

("Asian Plantations" or the "Company")

Director's Dealing

Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, received notification, on 11 November 2013, that East Pacific Capital Limited ("East Pacific"), a company wholly owned by Dennis Melka, Joint Chief Executive Officer, acquired 25,000 ordinary shares in the Company of no par value ("Ordinary Shares") on 11 November 2013 at a price of 200 pence per Ordinary Share, representing, in aggregate, 0.05 per cent. of the issued share capital of the Company. East Pacific is now the holder of approximately 4.60 per cent. of the issued share capital of the Company. This transaction results in Dennis Melka being the beneficial holder of 2,401,001 Ordinary Shares representing approximately 5.13 per cent of the share capital.

-ENDS-

For further information, please contact:

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

 

END

 

 

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