Trading StatementThursday 06 December, 2007 Landkom Intl Plc Trading Statement Landkom International Plc 06 December 2007
Landkom International Plc
('Landkom' or 'the Company')
Trading Update
Landkom International PLC (AIM:LKI), a leading producer of high-value agricultural feed stocks including oilseed rape for supply to the European biodiesel market and wheat for the food industry, is pleased to announce strong progress made since its admission to AIM in November 2007.
In its admission document dated 15 November 2007, Landkom stated that its planting of its first commercial crop was 90 per cent. complete. The Company is pleased to announce that it has now met and in fact exceeded its target for 2007 of 10,000 hectares planted. This crop will be harvested in July and August 2008. Landkom further confirms that it is on target to meet its objective of 50,000 hectares of land under lease agreements by the end of the year.
The upturn in prices of arable crops has resulted in a significant increase in demand for agricultural equipment. Nonetheless, Landkom is pleased to confirm that it has secured all of the critical equipment it requires to enable the Company to deliver on its 2008 targets for harvesting and planting.
CEO Richard Spinks stated, 'We are delighted with the success of the IPO and we are pleased to have already met the near term targets we have set ourselves for the current year. We believe that the Company is very well positioned to continue its strong growth into 2008 and beyond. We intend to keep the market informed of our progress as we reach key milestones.'
For further information:
Landkom International Plc
Richard Spinks, CEO Tel: +380 673 410 140
www.landkominternational.com
Libertas Capital
Aamir Quraishi/Stephen Pickup Tel: +44 (0)20 7569 9650
Hogarth (Financial PR)
Sarah MacLeod/ James Longfield Tel: +44 (0) 20 7357 9477
06 December 2007
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Landkom Share Price Index
LKI Current: 8.75p 52wk Minimum: 5.12p 52wk Maximum: 12.5p Market Value: £38.1 million Last updated 03 September 2010
Landkom on course to achieve profits
Interim Results
Notice of Interim results - 20 July 2010
Landkom International PLC (AIM: LKI), the Ukrainian producer of agricultural commodities, will be publishing its Interim results for the six months to 30 April 2010 on Tuesday, 20 July 2010
29 June 2010 Read more...
35,000 tonnes of rapeseed sold forward at approximately $318 per tonne
Completion of Spring Planting
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