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Share Price: 4.65
Bid: 4.50
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Director's Dealing

4 Oct 2012 11:00

RNS Number : 9343N
Asian Plantations Limited
04 October 2012
 



4 October 2012

 

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 4 October 2012 that Asian Forestry Holdings Limited, a company jointly held by Dennis Melka and Graeme Brown, Joint Chief Executive Officers of the Company, acquired 2,500 ordinary shares in the Company of no par value ("Ordinary Shares") on 3 October 2012 at a price of 235 pence per Ordinary Share, representing, in aggregate, 0.005 per cent. of the issued share capital of the Company (the "Share Purchase").

 

Following the Share Purchase, Dennis Melka and Graeme Brown are now beneficially interested in 2,102,251 and 2,102,251 Ordinary Shares respectively, representing approximately 4.52 per cent. and 4.52 per cent. respectively of the issued ordinary share capital of the Company.

 

-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: +65 6325 0970

 

Strand Hanson Limited

James Harris

Paul Cocker

James Bellman

 

 

Tel: +44 (0) 20 7409 3494

Panmure Gordon (UK) Limited

Tom Nicholson

Callum Stewart

 

 

Tel: +65 8614 7553

Tel: +44 (0) 20 7886 2500

Macquarie Capital (Europe) Limited

Steve Baldwin

Dan Iacopetti

 

 

Tel: +44 (0) 20 3037 2000

 

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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