AEP Plantations PLC (AEP) has announced the purchase of 29,761 ordinary shares of 2.5 pence each on 2 November 2026, as part of the share buyback programme the company launched on 6 July 2026. The transaction was executed through Cavendish Capital Markets Limited on the London Stock Exchange, with prices ranging from 152.40p to 154.00p per share. The purchased shares will be held in treasury, bringing total treasury holdings to 19,902,588 ordinary shares. Since the buyback programme began, AEP has now repurchased 3,733,348 ordinary shares in aggregate.

Key Points

  • AEP Plantations PLC (AEP) — London-listed palm oil plantation company
  • Purchased 29,761 ordinary shares on 2 November 2026 under its ongoing buyback programme
  • Volume weighted average price of 152.97p per share; price range 152.40p–154.00p; all trades executed on XLON
  • Investors should watch cumulative buyback volumes and any further treasury share activity under the July 2026 programme

AEP Plantations Executes 2 November 2026 Buyback Trade via Cavendish Capital Markets

The company announcement confirms that all 29,761 ordinary shares were purchased on 2 November 2026 exclusively on the London Stock Exchange, with individual trades executed across a narrow afternoon window between 16:23 and 16:29. The volume weighted average price paid was 152.97 pence per ordinary share, with the lowest price achieved at 152.40p and the highest at 154.00p. Cavendish Capital Markets Limited acted as broker for the transaction, in its dual role as financial adviser and broker to AEP Plantations. The trades are disclosed in full in the individual transaction table published in line with UK Market Abuse Regulation requirements under Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK.

Treasury Share Position and Voting Rights Following the 2 November Purchase

Following this transaction, AEP Plantations holds 19,902,588 ordinary shares in treasury, none of which carry voting rights. The total number of ordinary shares in issue stands at 399,762,720, giving a voting share count of 379,860,132 as at 2 November 2026. The company states this voting rights figure should be used as the denominator by shareholders and others with notification obligations when calculating whether they are required to disclose interests under the FCA's Disclosure and Transparency Rules. This figure is therefore of direct regulatory relevance to any investor approaching disclosure thresholds in AEP Plantations.

Cumulative Buyback Progress Since the Programme Launched on 6 July 2026

Since the buyback programme was first announced on 6 July 2026, AEP Plantations has repurchased a cumulative total of 3,733,348 ordinary shares, all of which are held in treasury. The programme represents a mechanism by which the company is returning capital or managing its share structure, though the total authorised size and budget of the buyback programme were not disclosed in this announcement. Investors monitoring the pace and scale of the programme may note the frequency of recent transactions as an indicator of ongoing management intent, though the announcement does not provide forward guidance on the programme's duration or remaining capacity.

About AEP Plantations and Its Capital Markets Advisers

AEP Plantations PLC is a London-listed plantation company with operations focused on palm oil cultivation. The company is supported in its capital markets activity by Cavendish Capital Markets Limited as financial adviser and broker, and by Montfort Communications Limited as financial PR adviser. Executive oversight of corporate affairs is held by Marcus Chan Jau Chwen, with Kevin Wong Tack Wee serving as Group Chief Executive Officer. The company operates under UK regulatory frameworks and complies with FCA Disclosure and Transparency Rules for share capital and voting rights notifications relevant to its investor base.