Exercise of Options

RNS Number : 9368B
Asian Plantations Limited
24 April 2012

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



Tel:  +65 6325 0970


Strand Hanson Limited

James Harris

Paul Cocker

Liam Buswell



Tel: +44 (0) 20 7409 3494

Panmure Gordon (UK) Limited

Tom Nicholson

Callum Stewart



Tel:   +65 8614 7553

Tel: +44 (0) 20 7459 3600

Macquarie Capital (Europe) Limited

Steve Baldwin

Dan Iacopetti



Tel: +44 (0) 20 3037 2000


Bankside Consultants

Simon Rothschild


Tel: +44 (0) 20 7367 8871




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