Change of Nominated Adviser and Joint Broker

RNS Number : 5005V

Dekeloil Public Limited

10 August 2015

 



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

10 August 2015

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

Change of Nominated Adviser and Joint Broker

DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d'Ivoire, is pleased to announce that Cantor Fitzgerald Europe ('Cantor Fitzgerald') has been appointed as Nominated Adviser and Joint Broker to the Company with immediate effect.

Beaufort Securities Limited and Optiva Securities Limited remain the Company's Joint Brokers alongside Cantor Fitzgerald.

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For further information please visit the Company's website www.dekeloil.com or contact:

DekelOil Public Limited Youval Rasin Shai Kol Lincoln Moore	[phone]
Cantor Fitzgerald Europe (Nomad and Broker) Andrew Craig Chris Viggor	[phone]
Beaufort Securities Limited (Broker) Saif Janjua Elliot Hance	[phone]
Optiva Securities Limited (Broker) Christian Dennis Jeremy King	[phone]
St Brides Partners Ltd (Investor Relations) Elisabeth Cowell Frank Buhagiar	[phone]

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 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. 

 

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