Proactive Investors - Run By Investors For Investors

Dekeloil hails "value-accretive" Ayenouan palm oil deal

Lincoln Moore, executive director at Dekeloil (LON:DKL) talks to Proactive Investors about the company's recent stake increase in the Ayenouan palm oil operation in the Ivory Coast to 81.5% and the £10.8mln share placing supporting it.

He says he is very pleased with the deal as it was done in a "value-accretive" way so EPS will increase for both new and existing shareholders.

Moore says Dekel aims to keep up increasing production at Ayenouan and he hopes half year production figures will be significantly higher than last year's over the period.

Meet Cornish Lithium, Salt Lake Potash Ltd and Concepta at our event, London , 05 June 2019. Register here »
View full DKL profile View Profile

Dekeloil Public Ltd Timeline

January 17 2017
January 16 2017

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use