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Dekel Agri-Vision ( (GB:DKL) ) just unveiled an update.
Dekel Agri-Vision has announced a proposed fundraising to raise approximately £2 million through a combination of placing, subscription, and retail offer, aimed at strengthening its balance sheet and supporting its growth trajectory. The company also plans to convert a loan held by its CEO into new shares and has renegotiated terms with its lenders to align with projected cash flows, ensuring long-term financial stability. The fundraising is expected to enhance Dekel’s operations and market positioning, with a focus on sustainable development and community collaboration.
More about Dekel Agri-Vision
Dekel Agri-Vision plc is an AIM-quoted agro-industrial, processing, logistics, and farming company focused on sustainable and diversified projects across West Africa, particularly in Côte d’Ivoire. The company operates a fully-integrated crude palm oil project in Ayenouan and a large-scale raw cashew nut processing facility in Tiebissou, working collaboratively with local communities to build vertically integrated operations.
Average Trading Volume: 365,353
Technical Sentiment Signal: Sell
Current Market Cap: £4.91M
For detailed information about DKL stock, go to TipRanks’ Stock Analysis page.