Director / PDMR Shareholding

RNS Number : 8103M

Dekeloil Public Limited

11 January 2019

 

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.  Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

DekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers

DekelOil Public Limited ("DekelOil" or the "Company")

Director / PDMR Shareholding

DekelOil Public Limited, the West African focused agricultural company, is pleased to announce that it was yesterday notified that Lincoln Moore, Executive Director of the Company, yesterday acquired 285,000 ordinary shares of €0.0003367 ("Ordinary Shares") at an average price of 3.440526 pence per share (the "Purchase").

Following the Purchase, Lincoln Moore has a total beneficial interest in 4,675,204 Ordinary Shares, representing 1.33 per cent. of the Company's issued Ordinary Share capital.

** ENDS **

For further information please visit the Company's website or contact:

DekelOil Public Limited Youval Rasin Shai Kol Lincoln Moore [phone] Cantor Fitzgerald Europe (Nomad and Joint Broker) David Foreman Richard Salmond [phone] VSA Capital (Joint Broker) Andrew Monk (Corporate Broking) Andrew Raca (Corporate Finance)  [phone] Optiva Securities Limited (Joint Broker) Christian Dennis Jeremy King [phone] St Brides Partners Ltd (Investor Relations) Frank Buhagiar Cosima Akerman [phone]

Appendix

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Lincoln Moore
2.	Reason for the notification
a)	Position/status:	Executive Director
b)	Initial notification/amendment:	Initial notification
3.	Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	DekelOil Public Limited
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 the financial instrument, type of instrument: Identification code:	Ordinary shares of €0.0003367 each CY0106502111
b)	Nature of the transaction:	Consideration shares issued
c)	Price(s) and volume(s):	Prices(s) Volume(s) 3.440526 pence 285,000
d)	Aggregated information: Aggregated volume: Price:	Multiple transactions as in 4 c) above Prices(s) Volume(s) 3.6 pence 82,000 3.45 pence 103,000 3.3 pence 100,000
e)	Date of transaction:	10 January 2019
f)	Place of transaction	London Stock Exchange

Notes:

DekelOil Public Limited is a low-cost producer of palm oil in West Africa, focused on rapidly expanding its assets, primarily demonstrated through the Company's recent 43.8% investment in a large-scale cashew processing company.  Feedstock for the mill at its palm oil project comes from several co-operatives and thousands of smallholders, however the Company also has nearly 1,900 hectares of its own plantations.  Furthermore, DekelOil has a world-class nursery with a capacity of 1 million seedlings per year. 

 

END

 

 

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