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11 Jan 2019 11:41
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
DekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers
DekelOil Public Limited ("DekelOil" or the "Company")
Director / PDMR Shareholding
DekelOil Public Limited, the West African focused agricultural company, is pleased to announce that it was today notified that Yehoshua Shai Kol, Chief Financial Officer of the Company, yesterday acquired 279,400 ordinary shares of €0.0003367 ("Ordinary Shares") at a price of 3.65 pence per share (the "Purchase").
Following the Purchase, Yehoshua Shai Kol has a total beneficial interest of 27,581,861 in Ordinary Shares, representing 7.83 per cent. of the Company's issued Ordinary Share capital.
** ENDS **
For further information please visit the Company's website www.dekeloil.com or contact:
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Appendix
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Yehoshua Shai Kol | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Financial Officer | ||||
b) | Initial notification/amendment: | Initial notification | ||||
3. | Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | DekelOil Public Limited | ||||
b) | LEI: | 213800TZMTERFY8P7D14 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument:
Identification code: | Ordinary shares of €0.0003367 each
CY0106502111 | ||||
b) | Nature of the transaction: | Consideration shares issued | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information:
Aggregated volume:
Price: | Multiple transactions as in 4 c) above
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e) | Date of transaction: | 10 January 2019 | ||||
f) | Place of transaction | London Stock Exchange | ||||
Notes:
DekelOil Public Limited is a low-cost producer of palm oil in West Africa, focused on rapidly expanding its assets, primarily demonstrated through the Company's recent 43.8% investment in a large-scale cashew processing company. Feedstock for the mill at its palm oil project comes from several co-operatives and thousands of smallholders, however the Company also has nearly 1,900 hectares of its own plantations. Furthermore, DekelOil has a world-class nursery with a capacity of 1 million seedlings per year.
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