Last checked at 27 Jun 2013 12:30
DekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers
27 June 2013
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 Annual General Meeting 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 | DekelOil Public Limited | Tel: +44 (0) 20 7024 8391 |
Lincoln Moore | DekelOil Public Limited | Tel: +44 (0) 20 7024 8391 |
Christian Dennis Jason Robertson Roland Cornish Rosalind Hill Abrahams Elisabeth Cowell | Optiva Securities Limited Optiva Securities Limited Beaumont Cornish Limited Beaumont Cornish Limited
St Brides Media & Finance Ltd | Tel: +44 (0) 20 3137 1903 Tel: +44 (0) 20 3137 1906 Tel: +44 (0) 20 7628 3396 Tel: +44 (0) 20 7628 3396
Tel: +44 (0) 20 7236 1177 |
Frank Buhagiar | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Notes:
DekelOil Public Limited is an asset backed, palm oil production and development company focused on becoming a major West African sustainable, low cost producer of Crude Palm Oil ('CPO'). DekelOil plans to rapidly expand its existing palm oil estates in the Côte d'Ivoire as well as what will be, once construction has been completed by the end of this year, one of the largest oil processing mills in West Africa with a capacity of 70,000 tons of Crude Palm Oil ('CPO') per annum. The mill is due to commence operations and generate first revenues in 2014. DekelOil already has 1,886 hectares of planted plantations but until these mature, initial feedstock for the mill will originate from 27,000 hectares of mature palm oil plantations that have been secured under long term contracts with smallholders.