Winter planting update (1628S)
16 November 2011 - 8:00AM
UK Regulatory
TIDMLKI
RNS Number : 1628S
Landkom International Plc
16 November 2011
16 November 2011
Landkom International PLC
Winter planting up 3.4% to 29,841 hectares
Landkom International PLC (AIM: LKI, "Landkom" or "the Group"),
the Ukrainian producer of agricultural commodities, has completed
its winter planting campaign.
The Group has planted a total winter crop of 29,841 hectares
(ha) across Landkom's three regions, a 3.4% increase on the 28,856
ha planted in 2010. 23,478 ha were planted in the Group's western
region (2010: 19,930), 4,293 ha in the southern region (2010: 3,350
ha) and 2,070 ha in the central region (2010: 5,576 ha).
14,964 ha (2010: 12,862) of rapeseed was planted along with
10,089 ha of winter wheat (2010: 13,149 ha), 3,784 ha of winter
barley (2010: 1,912 ha), 613 ha of rye (2010: 292 ha) and 391 ha of
forage and other crops (2010: 641 ha).
The Group's maize harvest is well underway and is expected to be
completed by the end of November. Further updates on the harvest
results for maize, soybean and sunflower will be made when all data
is confirmed and verified.
Vitaliy Skotsyk, Landkom's CEO said:
"This is a very sound start to our 2011/12 planting plan and all
of the crops were planted in the optimum planting window. We are
pleased with our maize harvest to date and will provide an update
on this and other crops shortly."
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/Tim Graham +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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