AEP Plantations PLC (AEP), the London-listed plantation company, has disclosed a further purchase of its own ordinary shares as part of its ongoing buyback programme. The company acquired 31,055 ordinary shares of 2.5 pence each on 6 November 2026, executed through broker Cavendish Capital Markets Limited. The transaction brings total buyback purchases to 3,855,657 ordinary shares since the programme launched on 6 July 2026, with all acquired shares held in treasury. Investors may be watching the cumulative scale of the buyback and its effect on the company's voting share count.

Key Points

  • AEP Plantations PLC (AEP) — London-listed plantation and agricultural company
  • Purchased 31,055 ordinary shares of 2.5 pence each on 6 November 2026 via Cavendish Capital Markets Limited
  • Volume weighted average price of 149.07 pence per share; prices ranged from 146.70p to 150.60p
  • Investors should watch the total treasury share position, now standing at 20,024,897 shares with 379,737,823 voting rights outstanding

AEP Plantations Purchases 31,055 Shares at a VWAP of 149.07p on 6 November 2026

The announcement states that AEP Plantations purchased 31,055 ordinary shares on 6 November 2026, with the highest price paid standing at 150.60 pence per share and the lowest at 146.70 pence per share. The volume weighted average price across all individual trades executed on the London Stock Exchange was 149.07 pence per share. All transactions were carried out on XLON by Cavendish Capital Markets Limited, which acts as both financial adviser and broker to the company. The purchased shares will be held in treasury and carry no voting rights, as disclosed in the company update.

Treasury Holding Reaches 20,024,897 Shares Following Latest AEP Buyback Transaction

Following this purchase, AEP Plantations now holds 20,024,897 ordinary shares in treasury, representing a meaningful portion of its total issued share capital of 399,762,720 ordinary shares. Treasury shares attract no voting rights under company law, meaning the effective voting share base now stands at 379,737,823 ordinary shares. This denominator figure is relevant for shareholders and others with notification obligations under the FCA's Disclosure and Transparency Rules, who must use it to determine whether they are required to notify any interest or change in interest in the company.

AEP Has Acquired 3,855,657 Shares in Aggregate Since the Buyback Programme Began on 6 July 2026

Since the Buyback Programme was announced on 6 July 2026, AEP Plantations has purchased a cumulative total of 3,855,657 ordinary shares, all of which are held in treasury. The buyback programme is 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, with full individual trade-level disclosure provided alongside the announcement. The company's executive contacts named in the announcement include Group Chief Executive Officer Kevin Wong Tack Wee and Executive Director Marcus Chan Jau Chwen, with Montfort Communications acting as financial PR adviser.