(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - FTSE Russell on Friday said a number of companies will be removed from the FTSE Russell Index after being suspended for 40 business days without an indication of resumption. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
DCI Advisors Ltd - British Virgin Islands-based investor, which specialises in the luxury resort sector - In 2023 posts pretax profit of EUR6.9 million compared with loss of EUR5.8 million in 2022. Revenue totals EUR157,000 down from EUR318,000. Results benefit from positive EUR19.9 million change in valuations compared with negative EUR3.0 million a year prior. Read More
(Alliance News) - DCI Advisors Ltd on Monday said associates of its former investment manager have filed a criminal lawsuit against two directors and "certain other individuals" connected to its management. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
DCI Advisors Ltd - British Virgin Islands-based investor in the luxury residential resort sector - Enters another loan agreement for EUR150,000 with Lars Bader to provide additional working capital. Notes Bader has previously loaned DCI EUR350,000 in April 2023 and another EUR100,000 in March. To date, DCI has received twelve loans from different shareholders amounting to around EUR3.3 million. DCI says the intention is to repay all outstanding shareholder loans from the proceeds of asset sales. DCI adds the repayment date on the first three shareholder loans has been extended by three months after reaching their 12-month expiry. Bader controls 10.3% of DCI. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
DCI Advisors Ltd - British Virgin Islands-based real estate investment company - Confirms approval and payment of initial tranche of EUR1.5 million grant from Greek government for Kilada project in the Argolis region of Greece. This payment, delayed from expected approval date in October, is the first tranche of a EUR6.0 million grant for the Kilada Country Club, Golf & Residences project, DCI's main asset. The group believes it will finish the project's golf course and country club during 2024. The remaining grants will be paid in stages depending on further spending demanded by the Kilada project. Read More
DCI Advisors Ltd - investor and developer in the residential resort sector - Says criminal charges have been filed by DCI against Miltos Kambourides, Michael Tsirikos, and some members of staff of DCP and DCP's close business partner Zoniro SA in Greece. Says the charges involve allegations of money laundering and abuse of corporate governance. Says 9 cases filed. Cases are related to DCI's termination of its contract with investment manager DCP in March 2023 on basis of a failure by DCP to disclose a share option contract with Amanzoe resort in 2018. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
DCI Advisors Ltd - investor and developer in the residential resort sector - Enters into a further agreement for EUR350,000 with an unnamed shareholder in order to provide additional working capital for the company. When combined with the previously announced shareholder loans, the loans are expected to total EUR3.0 million. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
DCI Advisors Ltd - London-based real estate investment trust - Enters two further loan agreements with a DCI shareholder to provide additional working capital. Estimates when combined with the shareholder loans announced previously, the loans will total EUR2.0 million. Notes the four previous loans amounted to EUR350,000 each and the new loans are for USD330,000 in total. All of the loans have identical terms and are for a 12-month term bearing an interest rate of 12% per annum. Intends to repay the loans from the proceeds of the sale of company assets. If the loans have not been repaid by September 30, collateral in the form of security over certain company assets will be put in place which would exceed the aggregate value of the loans. Explains the two new loan agreements have been entered into with funds managed by Almitas Capital LLC which controls 11.1% of the company. Read More
(Alliance News) - The following is a round-up of 2022 annual results by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More