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RNS Number : 1230F AEP Plantations PLC 20 May 2026
20 May 2026
AEP Plantations Plc
("AEP" or the "Group")
Statement Re Indonesian Government Export Proposals
AEP, which owns, operates and develops palm plantations in Indonesia and
Malaysia, notes the Indonesian Government's announcement regarding a proposal
concerning the export of commodities, including Indonesian crude palm oil
("CPO"), coal and ferro alloys.
At this early stage, limited detail is available regarding the scope,
mechanisms or implementation or legislation. AEP is closely monitoring
developments in consultation with its local management, advisers and industry
partners.
AEP sells all of its CPO production domestically to refineries in Indonesia
and does not export directly. A substantial proportion of this production is
ultimately consumed within Indonesia. AEP's operations remain fully
compliant with Indonesian laws and regulations, and the Company continues to
maintain longstanding relationships with local stakeholders and government
authorities.
Accordingly, the proposed changes are not expected to have a direct impact on
AEP, although there may be indirect effects through pricing adjustments
arising from any new arrangements. The Company will assess any further
information which is provided in relation to the proposal by the Indonesian
Government and will provide further updates if it is appropriate to do so.
The Board remains confident in the long-term fundamentals of the Indonesian
palm oil sector and in the resilience and efficiency of AEP's operations.
Enquiries:
AEP Plantations Plc +44 (0) 20 7216 4621
Marcus Chan Jau Chwen, Executive Director (Corporate Affairs)
Kevin Wong Tack Wee, Group Chief Executive Officer
Montfort
Ann-marie Wilkinson, Shireen Farhana aep@montfort.london
Cavendish Capital Markets Limited - Financial Adviser and Broker +44 (0) 20 7220 0500
Matt Goode, George Lawson, Trisyia Jamaludin (Corporate Finance)
Harriet Ward (Corporate Broking)
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