United Cacao (AIM: CHOC), a cacao plantation company based in Peru, received notification yesterday that East Pacific Capital Private Limited, a company wholly owned by Dennis Melka, Executive Chairman and Chief Executive Officer of the Company, acquired 5,000 ordinary shares in the Company of US$0.001 each (“Ordinary Shares”) yesterday at a price of 143 pence per Ordinary Share, representing 0.03 per cent. of the issued share capital of the Company (the “Share Purchase”).
The Ordinary Shares acquired pursuant to the Share Purchase will be governed by the orderly market agreement entered into by Dennis Melka at the time of the Company’s admission to trading on AIM (further details on which are disclosed in the Company’s AIM Admission document dated 26 November 2014).
Following the Share Purchase, Mr. Melka is directly and indirectly (through East Pacific Capital Limited, a company wholly owned by Mr. Melka) interested in 5,239,821 Ordinary Shares, which represents 27.3 per cent. of the Company’s currently issued share capital. Mr Melka also holds options over 255,000 Ordinary Shares of the Company.
