Result of AGM (4906J)
June 30 2011 - 9:33AM
UK Regulatory
TIDMPAL
RNS Number : 4906J
Equatorial Palm Oil plc
30 June 2011
30 June 2011
Equatorial Palm Oil Plc
("EPO" or the "Company")
Results of AGM
Equatorial Palm Oil plc, (AIM: PAL), the AIM listed palm oil
development company with operations in Liberia, is pleased to
announce that all the resolutions proposed to shareholders at the
Company's AGM held today, 30 June 2011, were duly passed.
Enquiries:
Equatorial Palm Oil plc
Michael Frayne, Chairman +44 (0) 20 7766 7555
Shore Capital & Corporate
Ltd.
NOMAD and Joint Broker
Pascal Keane
Edward Mansfield +44 (0) 20 7408 4090
Mirabaud Securities LLP
Joint Broker
Peter Krens +44 (0) 20 7484 3510
Pelham Bell Pottinger
Financial / Corporate PR
Charles Vivian +44 (0) 20 7861 3126
Notes to Editors:
Information on Equatorial Palm Oil Ltd.
The Company's objective is to become a global, sustainable, low
cost producer of crude palm oil.
The Company is developing a low-cost CPO production-base sourced
from its initial land bank. The Group has acquired oil palm mills
to process the Fresh Fruit Bunches ('FFB') harvested from the
plantations in Crude Palm Oil ('CPO') and other related products.
The CPO produced is initially intended for sale into the local
Liberian and West African markets where it is a key staple food.
West Africa is currently a significant net importer of CPO. The
longer term objective is to develop sufficient scale in its
production and processing of CPO in order to widen exports to a
broader international market including Europe, where the company
will benefit from geographical advantage in freight costs and
increasing demand for a sustainable product.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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