24 Apr 2012 10:47
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
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Tel: +65 6325 0970
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Strand Hanson Limited James Harris Paul Cocker Liam Buswell
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Tel: +44 (0) 20 7409 3494 |
Panmure Gordon (UK) Limited Tom Nicholson Callum Stewart
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Tel: +65 8614 7553 Tel: +44 (0) 20 7459 3600 |
Macquarie Capital (Europe) Limited Steve Baldwin Dan Iacopetti
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Tel: +44 (0) 20 3037 2000
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Bankside Consultants Simon Rothschild |
Tel: +44 (0) 20 7367 8871 |
Panther Metals (PALM)