Dekel Agri-Vision Plc (LSE:DKL) has successfully closed an oversubscribed fundraising round, generating gross proceeds of £2.33 million. The raise attracted strong support from both Subscribing Directors and institutional investors, with shares issued at a 37.5% discount to the prevailing market price.
The capital injection will be directed towards advancing the company’s strategic projects. Following shareholder approval at the forthcoming General Meeting, the new shares are set to begin trading on AIM.
About Dekel Agri-Vision
Dekel Agri-Vision Plc is an agriculture-focused company operating in West Africa, committed to building a sustainable and diversified portfolio of farming projects.
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