We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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% | 4.75 | 4.50 | 5.00 | 4.87 | 4.75 | 4.75 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 318k | -6.92M | -0.0077 | -6.17 | 42.97M |
TIDMDCI
RNS Number : 3197Z
Dolphin Capital Investors Limited
14 March 2017
14 March 2017
DOLPHIN CAPITAL INVESTORS LIMITED
("DCI" or "Dolphin" or the "Company",
together with its subsidiaries, the "Group")
Completion of the Pearl Island Disposal
DCI, a leading investor in high-end residential resorts in the eastern Mediterranean, is pleased to announce the completion of the disposal of its 60% interest in Pearl Island, the Group's private island development off the coast of Panama, to Grivalia Hospitality S.A.
Dolphin received the EUR27 million cash consideration on 13 March, of which EUR2 million will remain in escrow for a period of 12 months post completion to cover any potential breach of DCI's warranties or undisclosed indebtedness.
The Board, taking into consideration Dolphin's outstanding liabilities and working capital requirements, has decided not to make a distribution of the Pearl Island disposal proceeds to Shareholders at this stage and apply the proceeds towards working capital and general corporate purposes. The Board will re-evaluate the Company's distribution potential when there is more clarity on the pace of additional disposals.
For further information, please contact:
Dolphin Capital Investors Andrew Coppel, CBE +44 (0) 7785 577023 Dolphin Capital Partners miltos@dolphincp.com Miltos E. Kambourides Panmure Gordon (Broker) Richard Gray / Dominic Morley / Andrew Potts +44 (0) 20 7886 2500 Grant Thornton (Nominated Adviser) Philip Secrett +44 (0) 20 7383 5100 Instinctif (PR Communications Adviser) Mark Garraway +44 20 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISGGUMCWUPMGQW
(END) Dow Jones Newswires
March 14, 2017 03:00 ET (07:00 GMT)
1 Year Dci Advisors Chart |
1 Month Dci Advisors Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions