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RE. R.e.a. Holdings Plc

76.25
2.75 (3.74%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
R.e.a. Holdings Plc LSE:RE. London Ordinary Share GB0002349065 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.75 3.74% 76.25 75.00 77.50 77.00 74.00 74.00 159,333 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 208.78M 27.78M 0.6318 1.19 32.97M

R.E.A. Holdings plc: Further re update on selling prices (1213824)

30/06/2021 11:46am

UK Regulatory


R.E.A. Holdings plc (RE.) 
R.E.A. Holdings plc: Further re update on selling prices 
30-Jun-2021 / 11:45 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
R.E.A. Holdings plc ("REA" or the "company") 
Further re update on selling prices 
Further to the company's announcement in December 2020 regarding the impact of Indonesian export duty and export levy 
at different reference prices on selling prices for CPO and CPKO, the Indonesian government has published a change to 
the structure of  export levy and duty with effect from 1 July 2021. 
Export duty is a tax payable to the Indonesian government and export levy is payable to a dedicated fund that utilises 
levy income to subsidise the manufacture of biodiesel from CPO and to support other measures designed to benefit the 
growing of oil palms in Indonesia.  Both export duty and export levy are calculated on sliding scales (as shown in the 
table below) by reference to a CPO reference price that is set periodically by the Indonesian government on the basis 
of CIF Rotterdam and other recognised benchmark CPO prices.  The CPO reference price is expected to be revised to 
USD1,094 per tonne in July. 
REA generally sells CPO in the Indonesian local market which is not subject to export duty or export levy.  However, 
arbitrage between the Indonesian local and international CPO markets normally results in a local price that is broadly 
in line with prevailing international prices after adjustment of the latter for delivery costs and export duty and 
levy. 
 
CPO: combined export levy and export duty applicable from 2 July 2021 
CPO reference price 
From           To     Levy  Duty  Total   Net price* 
USD              USD      USD     USD     USD        USD 
-              750   55    -     55       695 
751            800   75    3     78       722 
801            850   95    18    113      737 
851            900   115   33    148      752 
901            950   135   52    187      763 
951            1,000 155   74    229      771 
1,001          1,050 175   93    268      782 
1,051          1,100 175   116   291      809 
1,101          1,150 175   144   319      831 
1,151          1,200 175   166   341      859 
1,201          1,250 175   183   358      892 
1,251          1,300 175   200   375      925 
*At top of band 

CPO: combined export levy and export duty applicable from 10 December 2020 to 1 July 2021

CPO reference price 
From           To     Levy  Duty  Total   Net price* 
USD              USD     USD     USD     USD        USD 
-              670   55    -     55       615 
670            695   60    -     60       635 
695            720   75    -     75       645 
720            745   90    -     90       655 
745            750   105   -     105      645 
751            770   105   3     108      662 
770            795   120   3     123      672 
795            800   135   3     138      662 
801            820   135   18    153      667 
820            845   150   18    168      677 
845            850   165   18    183      667 
851            870   165   33    198      672 
870            895   180   33    213      682 
895            900   195   33    228      672 
901            920   195   52    247      673 
920            945   210   52    262      683 
945            950   225   52    277      673 
951            970   225   74    299      671 
970            995   240   74    314      681 
995            1,000 255   74    329      671 
1,001          1,050 255   93    348      702 
1,051          1,100 255   116   371      729 
1,101          1,150 255   144   399      751 
1,151          1,200 255   166   421      779 
1,201          1,250 255   183   438      812 
1,251          1,300 255   200   455      845 
*At top of band 

Enquiries:

R.E.A. Holdings plc Tel: 020 7436 7877 -----------------------------------------------------------------------------------------------------------------------

ISIN:          GB0002349065 
Category Code: FUR - . 
TIDM:          RE. 
LEI Code:      213800YXL94R94RYG150 
Sequence No.:  114635 
EQS News ID:   1213824 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1213824&application_name=news 
 

(END) Dow Jones Newswires

June 30, 2021 06:46 ET (10:46 GMT)

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