Dekel Agri-Vision Aristide Achy Brou continues remuneration in shares

Dekel Agri-Vision

Dekel Agri-Vision Plc (LON:DKL), the West African focused agriculture company, has announced that following the commencement of his employment contract on 16 March 2020, Aristide Achy Brou, a non-executive director, elected to receive shares in Dekel rather than cash for all remuneration that became due for the period 1 January 2022 to 31 December 2022. 

As a result, a total of 612,554 ordinary shares in the Company will be issued pursuant to his contract. The price of the shares have been calculated as the monthly average of 10 daily VWAPs over the 10 trading days prior to month end during the Period. Following this, Aristide Achy Brou will hold 23,824,324 ordinary shares in the Company, representing approximately 4.27% of the Company’s enlarged total voting rights.  Aristide Achy Brou has also elected to receive his entire remuneration in shares for the 2023 calendar year.

Application will be made to the London Stock Exchange for the admission of a total of 612,554 ordinary shares of €0.0003367 each to trading on AIM.  It is expected that Admission will become effective on or around 23 March 2023. Following Admission, the Company’s issued share capital will consist of 558,536,353 Ordinary Shares.

Dekel Agri-Vision Executive Director Lincoln Moore said: “Aristide’s continuing request to receive shares in Dekel rather than cash in settlement of remuneration in our view represents an endorsement of the Company and its prospects.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Dekel Agri-Vision appoints Jonathan Johnson-Watts as Non-Executive Chairman

Jonathan Johnson-Watts becomes Non-Executive Chairman with a 7.6% stake, replacing Andrew Tillery.

Dekel Agri-Vision delivers 20% palm oil growth, 353% cashew surge

Dekel Agri-Vision reports that Palm Oil Operation revenue for H1 2025 rose by approximately 20 % year-on-year, driven by stronger CPO and PKO prices.

Dekel Agri-Vision raises £115.6k in Retail Offer

The Retail Offer launched on 27 June 2025 raised £115,601 via 21,018,429 shares at 0.55p each, bringing total gross proceeds to approximately £2.5m. Admission to AIM is expected to begin 23 July 2025, subject to shareholder approval.

Dekel Agri-Vision maintains EBITDA and strengthens cashew turnaround

Dekel Agri-Vision reported stable Group EBITDA of €2.6 million for FY2024. A 41% improvement in the Cashew Operation offset a softer year in palm oil due to lower CPO prices. Post year-end, the company raised £2.33m, restructured debt, and expects further gains in 2025 with rising CPO prices and continued cashew progress.

Dekel Agri-Vision secures £2.3M backing ahead of strategic vote

Dekel Agri-Vision closes an oversubscribed £2.33 million fundraise with strong director and institutional support, setting the stage for a pivotal shareholder meeting in July.

Dekel Agri-Vision benefits from strong pricing and cashew progress

Dekel Agri-Vision Plc has released its May production update, highlighting key developments in its palm oil and cashew operations in Côte d'Ivoire.

Search

Search