DEKEL AGRI-VISION PLC

Declaration of Voting Results & Voting Rights Announcements • Jun 28, 2017

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RNS Number : 3558J

Dekeloil Public Limited

28 June 2017

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 ('MAR).  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

28 June 2017

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

Maiden Dividend Declaration

and Notice of Annual General Meeting

DekelOil Public Limited, operator and 100% owner of the vertically integrated Ayenouan palm oil project in Côte d'Ivoire (the 'Project'), is pleased to announce a maiden final dividend of 0.17 pence per ordinary share for the year ending 31 December 2016.  This is in line with the Company's proposed dividend of £500,000 announced on 17 January 2017.

Details of the final dividend are as follows:

Dividend per share:	0.17 pence
Ex-dividend date:	13 July 2017
Scrip dividend calculation period:	13 - 19 July 2017
Dividend record date:	14 July 2017
Latest date to make scrip dividend election:	4 August 2017
Scrip Dividend Certificates posted:	1 September 2017
Payment date:	4 September 2017

A scrip alternative is being offered with this dividend to those investors who wish to receive additional DekelOil securities in lieu of a cash payment. By electing for the scrip dividend alternative, shareholders can increase their shareholding in the Company, in most cases without incurring stamp duty or dealing expenses.

A circular together with scrip dividend election forms are expected to be posted on 3 July 2017 to all eligible DekelOil shareholders.  The scrip dividend elections will need to be received as instructed by 4 August 2017 from those investors who wish to receive shares in lieu of cash. Full details of how and when to respond will be contained in the circular.

Notice of Annual General Meeting

DekelOil also announces that its Annual General Meeting ('AGM') will be held at The Broadgate Tower, 20 Primrose Street, London EC2A 2EW on 3 August 2017 at 10.00 a.m.  The Company's results for the year ended 31 December 2016 were announced to the market on 6 June 2017 and the Company's annual report and accounts for the year ended 31 December 2016 have been posted to shareholders and were made available on the Company's website on 6 June 2017. A copy of the notice of meeting, in addition to the proxy form and dividend scrip documentation can be found on the Company's website at www.dekeloil.com.

** ENDS **

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

DekelOil Public Limited Youval Rasin Shai Kol Lincoln Moore	+44 (0) 207 236 1177
Cantor Fitzgerald Europe (Nomad and Broker) Andrew Craig Richard Salmond	+44 (0) 207 894 7000
Beaufort Securities Limited (Broker) Elliot Hance	+44 (0) 207 382 8300
Optiva Securities Limited (Broker) Christian Dennis Jeremy King	+44 (0) 203 137 1903
St Brides Partners Ltd (Investor Relations) Frank Buhagiar Megan Dennison	+44 (0) 207 236 1177

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 100% 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 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 1 million seedlings a year capacity. 

This information is provided by RNS

The company news service from the London Stock Exchange

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