TRADING UPDATES: Apax opts against lifting offer; DCI enters loan deal
9th Feb 2024 18:53
(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
(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
(Alliance News) - DCI Advisors Ltd on Wednesday said it has changed its name from Dolphin Capital Investors, following the termination of its contract with its investment manager. Read More
Dolphin Capital Investors Ltd - real estate investment trust - Says has drawn down the third of a number of loan agreements with DCI shareholders which are intended to provide additional working capital and which are expected to amount to up to EUR2.0 million. This loan has been made by Discover Investment Co which is a related party as disclosed in announcement on April 19. Explains these shareholder loans each have identical terms to one another and are for a 12-month term bearing an interest rate of 12% per annum. Intends to repay the shareholder loans from the proceeds of the sale of company assets. Read More
Dolphin Capital Investors LTD - British Virgin Islands-based investor in high-end resort developments in the eastern Mediterranean - Agrees outline of arrangement to secure funding for finalisation of Kilada Golf Course and the County Club through an 85% to 15% split its joint venture partner. Dolphin Capital will be responsible for 85% of the funding for the first phase, and the partner will deploy EUR2.5 million to the Kilada Project with immediate effect. 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
(Alliance News) - Dolphin Capital Investors Ltd on Wednesday said it entered into the first two of several shareholder loan agreements, intended to provide additional working capital for the company. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Dolphin Capital Investors Ltd on Tuesday said it refutes claims made by its former investment manager, Dolphin Capital Partners Ltd, in England's High Court. Read More
(Alliance News) - Dolphin Capital Investors Ltd on Tuesday said that its former investment manager has issued a claim against the company in England's High Court. Read More
(Alliance News) - Dolphin Capital Investors Ltd on Monday said it has terminated the contract with its investment manager, effective immediately, after discovering what it called a "repudiatory breach of contract". Read More
Dolphin Capital Investors Ltd - London-based investor in high-end resort developments in the eastern Mediterranean - Martin Adams, who has been board chair since June 30, 2021, has resigned as a director with immediate effect. Sean Hurst has been has as a director, also with immediate effect, and has been elected by the board as the company's new chair. 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