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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dci Advisors Ltd | LSE:DCI | London | Ordinary Share | VGG2803G1028 | COM SHS EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.70 | 4.50 | 4.90 | 4.82 | 4.70 | 4.75 | 400 | 08:00:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 318k | -6.92M | -0.0077 | -6.10 | 42.52M |
TIDMDCI
RNS Number : 0244P
DCI Advisors Limited
06 October 2023
DCI Advisors Ltd
(the "Company" or "DCI")
Shareholder Loan
6 October 2023
The Board of the Company has entered into a further loan agreement for Euros 350,000 with a DCI shareholder to provide additional working capital to the Company. When combined with the shareholder loans announced previously, all of the Shareholder Loans are expected to total up to EUR3.0 million in aggregate (the "Shareholder Loans" or "Shareholder Loan Agreements"). Four previous loans amounted to EUR350,000 each and two loans from funds managed by the same shareholder amounted to US$330,000 in aggregate. All of the previous Shareholder Loans have identical terms to one another (other than their date of initiation and currency of denomination) and are for a 12-month term bearing an interest rate of 12 per cent. p.a., with no fees payable on disbursement or repayment. The Company's intention is to repay the previous Shareholder Loans from the proceeds of the sale of Company assets. However, the new Shareholder Loan has identical terms except that there is no right of prepayment by the Company and it will therefore last 12 months. As the Shareholder Loans have not been repaid by 30 September 2023, collateral in the form of security over certain Company assets is being put in place using normal commercial terms which will exceed the aggregate value of each of the loans.
Enquiries
DCI Advisors Ltd Nicolai Huls / Nick Paris, Managing Directors nickparis@btinternet.com +44 (0) 7738 470550 Cavendish Capital Markets (Nominated Adviser & Broker) William Marle / Jonny Franklin-Adams / Edward Whiley / (Corporate Finance) Pauline Tribe (Sales) +44 (0) 20 7220 0500 -------------------------------------- FIM Capital Limited (Administrator) llennon@fim.co.im / gdevlin@fim.co.im Lesley Lennon / Grainne Devlin (Corporate Governance) --------------------------------------
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MSCNKABDNBDDPKK
(END) Dow Jones Newswires
October 06, 2023 09:17 ET (13:17 GMT)
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