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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Landkom | LSE:LKI | London | Ordinary Share | IM00B28QLQ61 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.875 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Oct 2019 to Oct 2024
TIDMLKI
RNS Number : 9537H
Landkom International Plc
07 June 2011
7 June 2011
Landkom International PLC
20,000 tonnes of rapeseed forward sold at $600 per tonne
Landkom International PLC (AIM: LKI, "Landkom" or "the Group"), the Ukrainian producer of agricultural commodities, has forward sold a further 20,000 tonnes of its 2011 rapeseed crop for $600 per tonne, excluding VAT, through two 10,000 tonne contracts. 5,000 tonnes were already forward sold in March this year.
The Group expects the price to be equivalent to $575 per tonne ex works, excluding VAT, after the deduction of delivery costs to the port and frontier.
The sales agreements are with an oil crushing plant and a global agricultural commodities trading group.
Vitaliy Skotsyk, Landkom CEO said:
"We have now forward sold 25,000 tonnes of our 2011 rapeseed crop and are pleased to be able to lock in higher prices for almost 70% of our estimated rapeseed production. We are committed to delivering substantially improved results this year; attractively priced forward sales contracts enable us to secure our budget and plan for the future."
For further information:
Landkom International Plc (www.landkominternational.com) Vitaliy Skotsyk, Chief Executive +380 50352 5029 John Mapplebeck, Finance Director +44 (0)20 7726 2690 Liberum Capital Simon Atkinson/Richard Bootle +44 (0)20 3100 2000 College Hill Adrian Duffield/Rozi Morris +44 (0)20 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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