a-land-management

Alico Reports First Quarter Earnings

by on February 9, 2010

LA BELLE, Fla., Feb. 9, 2010 (GLOBE NEWSWIRE) — Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the three months ended December 31, 2009 of $1.4 million or $0.19 per share compared with a loss of $0.2 million or $0.02 per share, for the three months ended December 31, 2008. Earnings from interest on mortgages, real estate sales and agriculture operations were below prior year results and combined to cause the earnings decline.

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Alico Reports First Quarter Earnings

Alico’s Director Will Not Stand for Re-Election to Board of Directors

by on December 8, 2009

LA BELLE, Fla., Dec. 8, 2009 (GLOBE NEWSWIRE) — Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that Dean Saunders has notified the Company that he will not stand for re-election to Alico, Inc.’s Board of Directors in February 2010. He will serve out his current term on the Board.

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Alico’s Director Will Not Stand for Re-Election to Board of Directors

Alico Receives Letter From Controlling Shareholder Reaffirming Commitment to Corporate Governance Practices

December 7, 2009

LABELLE, Fla., Dec. 7, 2009 (GLOBE NEWSWIRE) — Alico, Inc. (Nasdaq:ALCO), a land management company, received an amended governance letter from Atlantic Blue Group, Inc. (Atlanticblue), a 51% shareholder, expressing its ongoing commitment to certain corporate governance practices.

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Alico Sets Annual Meeting Date and Record Date for Annual Meeting, Establishes Vice Chairman and Executive Committee and Defers Dividend

November 3, 2009

LABELLE, Fla., Nov. 3, 2009 (GLOBE NEWSWIRE) — Alico, Inc. (Nasdaq:ALCO), a land management company, set December 30, 2009, as the record date for shareholders eligible to vote at the Company’s annual meeting which will be held at 10:00 a.m. on February 19, 2010. The annual meeting will be held in the Alico Arena at Florida Gulf Coast University, 10501 FGCU Blvd. S., Fort Myers, FL 33965-6565.

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