Update on Broker

RNS Number : 5384G

Dekeloil Public Limited

02 March 2018

 

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

2 March 2018

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

Update on Broker

DekelOil Public Limited, operator and 100% owner of the vertically integrated Ayenouan palm oil project in Côte d'Ivoire (the 'Project'), notes the announcement made today by the Financial Conduct Authority relating to the administration of Beaufort Securities Limited ("Beaufort") and Beaufort Asset Clearing Services Limited and which requires Beaufort to cease all regulated activity.

Accordingly, DekelOil confirms that Cantor Fitzgerald Europe and Optiva Securities Limited will act as the Company's joint brokers with immediate effect.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

** 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 Broker) Andrew Craig Richard Salmond	[phone]
Optiva Securities Limited (Broker) Christian Dennis Jeremy King	[phone]
St Brides Partners Ltd (Investor Relations) Frank Buhagiar Megan Dennison	[phone]

Notes:

DekelOil Public Limited is a low cost producer of palm oil in West Africa, which it is focused on rapidly expanding.  Feedstock for the Mill comes from several co-operatives and thousands of smallholders, however it also has nearly 1,900 hectares of its own plantations.  Furthermore, it has a world-class nursery with a one million seedlings per year capacity. 

 

END

 

 

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