United Cacao (AIM: CHOC), a cacao plantation company based in Peru, received notification, on 23 March 2015, that East Pacific Capital Limited ("East Pacific"), a company wholly owned by Dennis Melka, Executive Chairman and Chief Executive Officer of the Company, acquired 10,000 ordinary shares in the Company of US$0.001 each ("Ordinary Shares") on 20 March 2015 at a price of 205 pence per Ordinary Share, representing, in aggregate, 0.05 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 lock-in arrangements 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).
Following the Share Purchase, Mr. Melka is directly and indirectly (through East Pacific Capital Limited, a company wholly owned by Mr. Melka) interested in 5,230,747 Ordinary Shares, which represents 28.14 per cent. of the Company's currently issued share capital. Mr Melka also holds options over 255,000 Ordinary Shares of the Company.