IN BRIEF: AEP Plantations to implement 10-for-1 share split

AEP Plantations PLC - operator of sustainable palm-oil plantations in Indonesia and Malaysia - Plans to implement a 10-for-1 share split, following approval by its shareholders of the resolution to facilitate the share split at its annual general meeting on Monday last week. Explains that the purpose of the split is to enhance the affordability of its shares, as it looks to improve their trading liquidity and marketability. Says the share split is conditional upon the new shares being admitted to the Official List of the Financial Conduct Authority, and to the Main Market of the London Stock Exchange. Expects dealings in its new shares to commence on Thursday this week, at which time the share split will become effective.

Current stock price: 1,561.64 pence, up 1.5% on Monday morning in London

12-month change: up 88%

By Christopher Ward, Alliance News reporter

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Anglo-Eastern Plantations