2nd Jul 2025 12:31
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
DCI Advisors Ltd
(the "Company" or "DCI")
Sale of Apollo Heights land in Cyprus
2nd July 2025
Further to the announcement released on 30th April 2025, the Directors of the Company are pleased to announce that Contracts of Sale have now been signed for the sale of the 27 land plots owned by the Company at Apollo Heights in Paramali, Cyprus for an agreed price of €7.5 million versus a current Net Asset Value of €5.6 million. The Company has now received cash representing 30% of the total sale price from the purchaser upon signing with the balance to be paid when the sale transactions complete, which is expected to take up to three months. The Company will announce updates to this sale in due course.
Enquiries
DCI Advisors Ltd Nicolai Huls / Nick Paris, Managing Directors | nick.paris@dciadvisorsltd.com +44 (0) 7738 470550 |
Cavendish Capital Markets (Nominated Adviser & Broker) Jonny Franklin-Adams / Edward Whiley (Corporate Finance) Pauline Tribe (Sales) |
+44 (0) 20 7220 0500 |
FIM Capital Limited (Administrator) Lesley Lennon/Nick Oxley (Corporate Governance) |
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Dci Advisors