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RNS Number : 1199F M. P. Evans Group PLC 20 May 2026
M.P. EVANS GROUP PLC
("the Group" or "M.P. Evans")
PLANS FOR EXPORT OF INDONESIAN COMMODITIES
M.P. Evans, a producer of sustainable palm oil, notes today's announcement by
the President of Indonesia, Prabowo Subianto, regarding proposed changes to
the export of crude palm oil and other commodities. At this stage, the
detailed implementing regulations have not yet been published, and the Group
is monitoring developments closely with its local management team, advisers
and industry partners.
The Group's operations are fully compliant with Indonesian laws and
regulations, and it has longstanding relationships with local stakeholders and
government authorities. All the Group's output is sold locally in Indonesia,
and a significant part of Indonesian production is consumed domestically. Any
changes to export mechanisms will not have a direct impact on the Group. There
may be some indirect impact as prices available for the Group's output adjust
to take account of new arrangements.
The Board remains confident in the long-term fundamentals of the Indonesian
palm oil sector and in the resilience and efficiency of the Group's
operations. The Board will provide further updates should it be necessary to
do so.
Enquiries:
M.P. Evans Group PLC Tel: +44 (0) 1892 516333
Peter Hadsley-Chaplin, chairman
Matthew Coulson, chief executive
Luke Shaw, chief financial officer
Cavendish Capital Markets (Nomad and joint broker) Tel: +44 (0) 20 7220 0500
Matt Goode, George Lawson (Corporate finance)
Harriet Ward (ECM)
Canaccord Genuity Limited (Joint broker) Tel: +44 (0) 20 7523 4500
Henry Fitzgerald-O'Connor, George Grainger
Alma Strategic Communications (Financial PR) Tel: +44 (0)20 3405 0205
Rebecca Sanders-Hewett, Josh Royston, David Ison
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