Result of Retail Offer
Retail offer raised £115,601 through issuance of 21,018,429 shares at 0.55 pence per share.
- Retail Offer proceeds £115,601
- Retail Offer Shares issued 21,018,429
- Price per share 0.55 pence
- Total gross proceeds (Placing, Subscription and Retail Offer combined) approximately £2.5 million
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TERMS NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE MEANINGS GIVEN TO THEM IN THE COMPANY'S ANNOUNCEMENT RELEASED ON 26 JUNE 2025 AT 4.41pm.
Dekel Agri-Vision Plc
('Dekel' or the 'Company')
Result of Retail Offer
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, announces that the Retail Offer launched on 27 June 2025 has raised in aggregate £115,601 through the issuance of 21,018,429 Retail Offer Shares at a price of 0.55 pence per share.
Accordingly, the Company has conditionally raised total gross proceeds of approximately £2.5 million in aggregate by way of the Placing, Subscription and Retail Offer.
Admission
Application will be made to the London Stock Exchange for admission of the New Shares to trading on AIM ("Admission"). It is expected that, subject to the necessary resolutions being passed at the General Meeting, Admission will become effective and dealings in the New Shares will commence at 8:00 a.m. on 23 July 2025.
Admission is conditional, inter alia, upon Admission becoming effective, the Placing Agreement not having been terminated and becoming unconditional, and upon the approval of Shareholders at the Company's forthcoming General Meeting to be held on or around 22 July 2025.
Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcement released at 4.41 p.m. on 26 June 2025 in respect of the Placing, Subscription and Conversion unless the context provides otherwise.
For further information, please visit the Company's website www.dekelagrivision.com or contact:
| Dekel Agri-Vision Plc Youval Rasin Shai Kol Lincoln Moore | +44 (0) 207 236 1177 |
| Zeus (Nomad and Joint Broker) James Joyce / Darshan Patel / John Moran Fraser Marshall / Simon Johnson (Broking) | +44 (0) 203 829 5000 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.