Last checked at 16 Jul 2015 13:48
DekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers
16 July 2015
DekelOil Public Limited ('DekelOil' or 'the Company')
Result of AGM
DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan 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) 207 236 1177 |
Shai Kol | ||
Lincoln Moore | ||
Ben Wright Nic Hellyer Richard Salmond | Nplus1 Singer Advisory LLP
| Tel: +44 (0) 207 496 3000 |
Christian Dennis Jeremy King Saif Janjua Elliot Hance Elisabeth Cowell | Optiva Securities Limited
Beaufort Securities Limited
St Brides Partners Ltd | Tel: +44 (0) 203 137 1903
Tel: +44 (0) 207 382 8300
Tel: +44 (0) 207 236 1177 |
Frank Buhagiar | ||
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.