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Proposed Fundraising and Capital Access Window

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Dekel Agri-Vision Plc is proposing an equity capital raise utilizing AIM's Capital Access Window, which has resulted in a voluntary trading halt for its shares. This fundraising aims to acquire and install additional processing equipment for its cashew operation in Tiebissou, Côte d’Ivoire, to increase its raw cashew nut processing capability ahead of the 2027 season, and to provide working capital. The company's cashew processing plant achieved its strongest quarter in Q3 2026, processing 2,130 tonnes of raw cashew nuts, with production and sales volumes up 71.1% and 72.3% respectively. Discussions regarding other corporate finance opportunities, including potential equity injections and offers for the company, are ongoing but not conditional on this fundraising.

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Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, announces its intention to utilise AIM's new Capital Access Window rule in connection with a proposed equity capital raise (the "Proposed Fundraising").

Proposed Fundraising

The Proposed Fundraising follows the strong operational momentum being delivered by the Company’s cashew processing plant at Tiebissou, Côte d’Ivoire (the “Cashew Operation”). In Q3 2026 the Cashew Operation delivered its strongest quarter to date, processing 2,130 tonnes of Raw Cashew Nuts (“RCN”), an increase of 28.6% year-on-year, with cashew production and sales volumes up 71.1% and 72.3% respectively, as announced on 9 October 2026.

The net proceeds of the Proposed Fundraising are intended to be used to acquire and install additional processing equipment to increase the Cashew Operation’s RCN processing capability ahead of the 2027 season and to provide additional working capital to support the increased level of RCN processing.

Corporate Finance Update: As previously announced on 12 May 2026 and in the Company’s 2026 Interim Results, the Board continues to evaluate a number of corporate finance opportunities, including potential equity injections at project level, expressions of interest received in relation to one or more of the Group’s operating subsidiaries and a potential offer for the Company as a whole. These discussions are ongoing and are being pursued with a focus on maximising shareholder value. There can be no certainty that any transaction will be concluded, and the Proposed Fundraising is not conditional on any such transaction. Further announcements will be made as appropriate.

Capital Access Window

Following the updates to the AIM Rules for Companies announced in August 2026, to support the Proposed Fundraising, the Company will enter a Capital Access Window with effect from 7.30am today. This is a voluntary temporary pause in the trading of the Company's shares on AIM to make it easier to reach a broader range of investors, including retail investors, and to provide pricing stability during a fundraise. The Capital Access Window will remain in place until a further announcement is made detailing the results of the Proposed Fundraising.

There can be no certainty that the Proposed Fundraising will proceed or as to its final terms.

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

Dekel Agri-Vision Plc Youval Rasin Shai Kol+44 (0) 207 236 1177
Zeus (Nomad and Joint Broker) James Joyce Darshan Patel Matthew Diaz-Rainey+44 (0) 203 829 5000

Notes:

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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