Dekel Agri-Vision Raises Funds from Share Placing, Subscription

MT Newswires · 2d ago
11:23 AM EDT, 10/30/2026 (MT Newswires) -- Dekel Agri-Vision (DKL.L) conditionally raised 700,000 pounds sterling through a placing and subscription of 267,307,692 shares at 0.0026 pound each. The agriculture company set up the placing of 75 million shares to raise 195,000 pounds and the subscription of 192,307,692 shares to raise 500,000 pounds, according to a Friday release. Dekel Agri-Vision is also planning a retail offer of up to 115,384,615 shares via the BookBuild platform to raise a maximum of 300,000 pounds. The company will use the net proceeds to buy and install additional processing equipment at its Tiebissou plant to boost raw cashew nut processing capacity, and for additional working capital.