DekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers
22 July 2014
DekelOil Public Limited ('DekelOil' or 'the Company')
Result of AGM
DekelOil Public Limited, operator and 51% owner of an established vertically integrated palm oil project in Côte d'Ivoire, held its AGM today and all resolutions were duly passed.
** ENDS **
For further information please visit the Company's website www.dekeloil.com or contact:
Youval Rasin |
DekelOil Public Limited |
Tel: +44 (0) 20 7024 8391 |
Shai Kol |
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Lincoln Moore |
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Andrew Craig Ben Wright |
Nplus1 Singer Advisory LLP
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Tel: +44 (0) 20 7496 3000 |
Christian Dennis Jeremy King |
Optiva Securities Limited
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Tel: +44 (0) 20 3137 1903
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Elisabeth Cowell |
St Brides Media & Finance Ltd |
Tel: +44 (0) 20 7236 1177 |
Frank Buhagiar |
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Notes:
DekelOil Public Limited is a low cost producer of palm oil in West Africa, which it is focused on rapidly expanding. To this end, it has a 51% interest in one of the largest oil processing mills based in Côte d'Ivoire, which has a capacity of 70,000 tons of CPO . Feedstock for the Mill comes from 27,000 hectares of mature palm oil plantations that have been secured under long term contracts with smallholders, however it also has nearly 1,900 hectares of its own plantations. Furthermore, it has a world-class nursery with a 1 million seedlings a year capacity.