We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dekel Agri-vision Plc | LSE:DKL | London | Ordinary Share | CY0106502111 | ORD EUR0.0003367 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.025 | -2.04% | 1.20 | 1.15 | 1.25 | 1.225 | 1.20 | 1.225 | 1,657,987 | 16:00:59 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Veg Oil Mills,ex Corn & Oth | 31.21M | -833k | -0.0015 | -8.00 | 6.71M |
TIDMDKL
RNS Number : 3152L
Dekel Agri-Vision PLC
12 January 2021
Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers
Dekel Agri-Vision Plc ('Dekel' or the 'Company')
Director Shareholding and Issue of Equity
Dekel Agri-Vision Plc, the West African focused agriculture company, is pleased to announce that following the commencement of his employment contract on 16 March 2020, Aristide Achybrou, a non-executive director, elected to receive shares in Dekel rather than cash for all remuneration that became due for the period 16 March 2020 to 31 December 2020. As a result, a total of 665,601 ordinary shares in the Company will be issued. Following this, Aristide Achybrou will hold 21,965,601 ordinary shares in the Company, representing approximately 4.79% of the Company's enlarged total voting rights. Aristide Achybrou has also elected to receive his entire remuneration in shares for the 2021 calendar year.
In addition, pursuant to their contracts, an employee of the Company and certain advisers are to be issued with a combined 656,029 ordinary shares in the Company for settlement of fees for services provided.
Application has been made to the London Stock Exchange for the admission of a total of 1,321,630 ordinary shares of EUR0.0003367 each (" Ordinary Shares ") to trading on AIM (" Admission "). It is expected that Admission will become effective on or around 20 January 2021. Following Admission, the Company's issued share capital will consist of 458,447,705 Ordinary Shares.
DekelOil Executive Director Lincoln Moore said: "Requests from a director to receive shares in Dekel rather than cash in settlement of remuneration in our view represents an endorsement of the Company and its prospects. We believe that, with palm oil prices trading above US1,000 per tonne, the peak harvest season in Cote d'Ivoire due to begin in the coming weeks and our high margin cashew processing project on course to commence operations in Q2 2021, this confidence is well-founded. With this in mind, we look forward to providing further updates on our progress."
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
** ENDS **
For further information please visit the Company's website www.dekelagrivision.com or contact:
Dekel Agri-Vision Plc Youval Rasin Shai Kol Lincoln Moore +44 (0) 207 236 1177 Arden Partners Plc (Nomad and Joint Broker) Paul Shackleton / Ruari McGirr / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking) +44 (0) 207 614 5900 Optiva Securities Limited (Joint Broker) Christian Dennis Jeremy King +44 (0) 203 137 1903 St Brides Partners Ltd (Investor Relations) Frank Buhagiar Cosima Akerman Megan Dennison +44 (0) 207 236 1177
Notes:
Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at various stages of development: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000tpa crude palm oil mill; a cashew processing project in Tiebissou, which is due to commence production in Q2 2021.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations
1 Details of the person discharging managerial responsibilities/person closely associated a) Name Aristide ("Aris") C. Achy Brou -------------------------- ------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Non-executive director -------------------------- ------------------------------------------- b) Initial notification/ Initial Notification Amendment -------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name Dekel Agri-Vision plc -------------------------- ------------------------------------------- b) LEI 213800TZMTERFY8P7D14 -------------------------- ------------------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ----------------------------------------------------------------------- a) Description of Ordinary shares of EUR0.0003367 each the financial instrument, type CY0106502111 of instrument Identification code -------------------------- ------------------------------------------- b) Nature of the Issue of shares in lieu of non-executive transaction Director fee -------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 6 pence 665 ,601 -------------------------- ------------------------------------------- d) Aggregated information N/A -------------------------- ------------------------------------------- e) Date of the transaction 11 January 2021 -------------------------- ------------------------------------------- f) Place of the transaction London Stock Exchange, AIM -------------------------- -------------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCGPUQUGUPGGBG
(END) Dow Jones Newswires
January 12, 2021 02:00 ET (07:00 GMT)
1 Year Dekel Agri-vision Chart |
1 Month Dekel Agri-vision Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions