Business
Result of Scrip Dividend and Director Dealing
Result of Scrip Dividend and Director Dealing.
About this update from Dekel Agri-vision Plc
[{"type":"text","content":"\n \nRNS Number : 4597P Dekeloil Public Limited 01 September 2017 \n\n \nDekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers\n \nDekelOil Public Limited ('DekelOil' or the 'Company')\nResult of Scrip Dividend\nand Director Dealing\n \nDekelOil Public Limited, operator and 100% owner of the profitable and vertically integrated Ayenouan palm oil project in Côte d'Ivoire, announces that in connection with the Company's maiden dividend, DekelOil has received valid elections from shareholders for the scrip dividend alternative in respect of 82,756,537 ordinary shares of €0.0003367 each (\"Ordinary Shares\"), representing 28.0 per cent. of the Company's issued share capital at the dividend record date. \n \nAccordingly, based on a dividend reference price of 11.8 pence per share, a total of 1,192,242 Ordinary Shares will be allotted by the Company to shareholders who have elected to receive the scrip dividend alternative on 4 September 2017. \n \nApplication has been made to the London Stock Exchange for 1,192,242 Ordinary Shares to be admitted to trading on AIM and admission is expected to become effective on 4 September 2017. Following Admission, the Company's issued share capital will consist of 297,311,700 Ordinary Shares. \n \nDirector Dealings\nCertain of the Directors have elected for a scrip dividend and as a result their shareholdings in the Company will increase. The beneficial and non-beneficial interests of those Directors and persons closely associated with them in Ordinary Shares as at the date of this announcement and following the scrip dividend issue are set out in the table below.\n \n\n\n\n\n\n\n\nDate of this announcement\n\n\nScrip dividend shares\n\n\nImmediately following the scrip issue\n\n\n\n\nDirector\n\n\nNumber of Ordinary Shares \n\n\nPercentage of ordinary share capital\n\n\nNumber of shares acquired in scrip dividend election\n\n\nNumber of Ordinary Shares\n\n\nPercentage of the enlarged issued share capital\n\n\n\n\nYouval Rasin\n\n\n47,964,514\n\n\n16.2%\n\n\n334,024\n\n\n48,298,538\n\n\n16.2%\n\n\n\n\nShai Kol\n\n\n10,649,174\n\n\n3.6%\n\n\n76,710\n\n\n10,725,884\n\n\n3.6%\n\n\n\n\nLincoln Moore\n\n\n1,367,500\n\n\n0.5%\n\n\n19,701\n\n\n1,387,201\n\n\n0.5%\n\n\n\n\n \n** ENDS **\n ...