Asian Plantations Limited Director's Dealing (4652R)
26 October 2013 - 2:00AM
UK Regulatory
TIDMPALM
RNS Number : 4652R
Asian Plantations Limited
25 October 2013
25 October 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 the following
notifications on 25 October 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 25 October 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 4.55 per cent. of the issued share capital of the
Company. This transaction results in Dennis Melka being the
beneficial holder of, in aggregate, 2,376,001 Ordinary Shares
representing approximately 5.08 per cent of the share capital;
-- that Keresa Plantations ("Keresa"), a company controlled by
Tan Sri Datuk Amar Leonard Linggi, Chairman of the Company,
acquired 25,000 Ordinary Shares on 24 October 2013 at a price of
201 pence per Ordinary Share, representing, in aggregate, 0.05 per
cent. of the issued share capital of the Company. Keresa is now the
holder of approximately 29.24 per cent. of the issued share capital
of the Company; and
-- that Tan Sri Datuk Amar Leonard Linggi, Chairman of the
Company, acquired 5,000 Ordinary Shares on 24 October 2013, at a
price of 204 p per Ordinary Share, representing, in aggregate, 0.01
per cent. of the issued share capital of the Company. Tan Sri Datuk
Amar Leonard Linggi is now the beneficial holder and controller of
15,710,208 Ordinary Shares (taking into account the Keresa and the
abovementioned transaction) representing approximately 33.60 per
cent. of the share capital.
-ENDS-
For further information, please contact:
Asian Plantations Limited
Graeme Brown, Co-Founder & Joint Chief Tel: +65 6325 0970
Executive Officer
Dennis Melka, Co-Founder & Joint Chief
Executive Officer
Strand Hanson Limited
James Harris Tel: +44 (0) 20 7409
James Spinney 3494
Macquarie Capital (Europe) Limited
Steve Baldwin Tel: +44 (0) 203
Dan Iacopetti 037 2000
Panmure Gordon (UK) Limited
Tom Nicholson Tel: +65 6824 8204
Callum Stewart Tel: +44 (0) 20 7886
2500
Bankside Consultants
Simon Rothschild Tel: +44 (0) 20 7367
8871
This information is provided by RNS
The company news service from the London Stock Exchange
END
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