AEP Plantations PLC (AEP), the London-listed palm oil plantation company, has announced the purchase of 30,487 ordinary shares of 2.5 pence each on 4 November 2026 as part of its ongoing share buyback programme. The transaction was executed through Cavendish Capital Markets Limited at a volume weighted average price of 156.95 pence per share, with prices ranging from 154.00p to 158.60p. The buyback programme was originally announced on 6 July 2026, and since that date the company has now repurchased a cumulative total of 3,793,955 ordinary shares held in treasury. Investors in AEP will note the steady programme execution as the company continues reducing its freely tradeable share count.

Key Points

  • AEP Plantations PLC (AEP) — London-listed palm oil plantation operator
  • 30,487 ordinary shares purchased on 4 November 2026 via Cavendish Capital Markets Limited and held in treasury
  • Volume weighted average price of 156.95p per share; price range 154.00p–158.60p; 3,793,955 shares repurchased cumulatively since 6 July 2026
  • Investors should watch the pace of further buyback activity and any update to the programme's overall size or duration

AEP Plantations Executes 4 November 2026 Tranche at 156.95p Weighted Average Price

The company announced that all trades on 4 November 2026 were conducted on the London Stock Exchange (XLON), spanning the trading day from 08:00 through to 16:28. The highest price paid in any single transaction was 158.60 pence per ordinary share, while the lowest was 154.00 pence. The volume weighted average price across the full session was 156.95 pence. All 30,487 shares purchased during the session will be held in treasury by the company, meaning they carry no voting rights and do not count towards the total voting share capital.

Treasury Share Position and Voting Rights Denominator Following the November Purchase

Following completion of the 4 November 2026 purchase, AEP Plantations has 399,762,720 ordinary shares in issue in total, of which 19,963,195 are held in treasury and attract no voting rights. The total number of voting rights in the company as at 4 November 2026 therefore stands at 379,799,525. The announcement confirms this figure should be used by shareholders and others with notification obligations as the denominator when calculating whether they are required to disclose interests or changes in interests under the FCA's Disclosure and Transparency Rules.

Cumulative Buyback Progress Since the Programme Launch on 6 July 2026

Since AEP Plantations announced its buyback programme on 6 July 2026, the company has purchased a cumulative total of 3,793,955 ordinary shares, all of which are held in treasury. The programme is being conducted in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK under the Market Abuse Regulation. The company did not disclose the overall target size or total budget of the buyback programme in the announcement, meaning investors are unable to determine what proportion of the intended repurchase has been completed to date.

Cavendish Capital Markets Acts as Broker for AEP's Ongoing Repurchase Activity

Cavendish Capital Markets Limited is acting as financial adviser and broker to AEP Plantations in connection with the buyback programme, with the corporate broking team led by Will Smith and Harriet Ward. The corporate finance team includes Matt Goode, George Lawson, and Trisyia Jamaludin. AEP Plantations is a plantation operator whose ordinary shares carry a nominal value of 2.5 pence each. Montfort Communications Limited serves as the company's financial PR adviser, with Ann-marie Wilkinson and Shireen Farhana named as contacts in the announcement.