REG - Dekel Agri-Vision - Director Dealings, Issue of Equity and TVR

Dekel Agri-VisionAnnouncement

13/05/2026 07:00

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RNS Number : 1362E  Dekel Agri-Vision PLC  13 May 2026

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

13 May 2026

 

Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers

 

Dekel Agri-Vision Plc

('Dekel' or the 'Company')

Director Dealings, Issue of Equity and Total Voting Rights

 

Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused
on building a portfolio of sustainable and diversified projects, announces
that it was notified that on 12 May 2026, Aristide Achybrou, Non-Executive
Director of the Company, made the following purchases of ordinary shares of
€0.0003367 ("Ordinary Shares") each in the Company from existing Directors
of the Company as set out below:

 

                         Existing Number of Ordinary Shares  Existing % of Issued Share Capital  Number of Shares Purchased / (Sold) at 0.5p  Number of Shares issued in lieu of fees  Resultant Number of Ordinary Shares  Resultant % of Issued Share Capital
 Aristide Achybrou       78,369,778                          6.5                                 118,393,255                                  7,154,547                                203,917,580                          16.85
 Jonathan Johnson-Watts  90,909,090                          7.6                                 (30,909,090)                                 -                                        60,000,000                           5.0
 Yehoshua Shai Kol       68,221,861                          5.7                                 (67,302,347)                                 -                                        919,514                              0.1
 Lincoln Moore           25,391,609                          2.1                                 (18,181,818)                                 -                                        7,209,791                            0.6
 Other (non-PDMR)        N.D.                                N.D.                                (2,000,000)                                  N.D.                                     N.D.                                 N.D.

 

These transactions have been made as part of a strategy for Mr Achybrou to
take a more active role in the future operational and corporate direction of
the Company as set out in the announcement dated 12 May 2026.  The Board of
Directors is fully supportive of these purchases by Mr Achybrou and will
continue work to assess any potential future transactions considered in the
best interests of shareholders. The purchase price of the shares at 0.5p
reflects a 5.3% premium to the current mid-price of 0.475p at close of
business 12 May 2026.

 

Issue of Equity

In addition, Aristide Achybrou has elected to receive his outstanding
directors' fees in the form of ordinary shares, resulting in the issue of
7,154,547 new ordinary shares at an average issue price of 0.78 pence per
share (the "Fee Shares"). Following Admission of the Fee Shares and completion
of the transactions referred to above, Mr Achybrou will hold a total of
203,917,580 ordinary shares, representing approximately 16.85 per cent. of the
Company's enlarged issued share capital. The selling Directors' resulting
shareholdings are also set out in the table above.

 

Total Voting Rights

Application will be made to the London Stock Exchange for the admission of the
Fee Shares of a total of 7,154,547 ordinary shares of €0.0003367 each
("Ordinary Shares"). It is expected that Admission will become effective on or
around 21 May 2026. Following Admission, the Company's issued share capital
will consist of 1,210,100,042 Ordinary Shares which may be used by
shareholders as the denominator for the calculations by which to determine if
they are required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency Rules.

 

The notifications set out below are provided in accordance with the
requirements of the UK Market Abuse Regulation:

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Aristide Achybrou
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Dekel Agri-Vision plc
 b)  LEI                                                          213800TZMTERFY8P7D14
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of €0.0003367

      Identification Code

                                                                  CY0106502111
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volume(s)                                         Purchase of Ordinary Shares

Price(s)  Volume(s)
                                                                  0.5p      118,393,255
 d)  Aggregated information

Price(s)  Volume(s)
                                                                  0.5p      118,393,255
 e)  Date of transaction                                          12(th) May 2026
 f)  Place of transaction                                         Off-market transaction

d)

Aggregated information

 

 Price(s)  Volume(s)
 0.5p      118,393,255

e)

Date of transaction

12(th) May 2026

f)

Place of transaction

Off-market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         1. Jonathan Johnson-Watts

                                                                  2. Yehoshua Shai Kol

                                                                  3. Lincoln Moore
 2   Reason for the notification
 a)  Position/status                                              1. Non-Executive Chairman

                                                                  2. Chief Financial Officer

                                                                  3. Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Dekel Agri-Vision plc
 b)  LEI                                                          213800TZMTERFY8P7D14
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of €0.0003367

      Identification Code

                                                                  CY0106502111
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volume(s)

                        Price(s)  Volume(s)
                                                                  Jonathan Johnson-Watts  0.5p      30,909,090
                                                                  Yehoshua Shai Kol       0.5p      67,302,347
                                                                  Lincoln Moore           0.5p      18,181,818
 d)  Aggregated information

Price(s)  Volume(s)
                                                                  0.5p      116,393,255
 e)  Date of transaction                                          12(th) May 2026
 f)  Place of transaction                                         Off-market transaction

d)

Aggregated information

 

 Price(s)  Volume(s)
 0.5p      116,393,255

e)

Date of transaction

12(th) May 2026

f)

Place of transaction

Off-market transaction

 

** ENDS **

 

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

 

 Dekel Agri-Vision Plc                     +44 (0) 207 236 1177

 Youval Rasin

 Shai Kol

 Zeus (Nomad and Joint Broker)             +44 (0) 203 829 5000

 James Joyce

 Darshan Patel

 John Moran

 Optiva Securities Limited (Joint Broker)  +44 (0) 203 137 1903

 Christian Dennis

 Daniel Ingram

 

Notes:

Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company
focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at
various stages of development: a fully operational palm oil project in
Ayenouan where fruit produced by local smallholders is processed at the
Company's 60,000tpa capacity crude palm oil mill and a cashew processing
project in Tiebissou, which has recently shifted into full commercial
production.

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