RNS Number : 2530R
DCI Advisors Limited
05 June 2024
 

DCI Advisors Limited

(the "Company" or "DCI"))

 

 

Update on Kilada Country Club, Golf & Residences

5 June 2024

 

The DCI board wishes to inform shareholders that a Memorandum of Understanding has been signed with a potential buyer for DCI 's stake in the Kilada asset which gives the potential buyer an initial exclusivity period of 90 days to complete further due diligence in order to present an offer.

 

The potential buyer has the knowledge and strong experience in managing developments like the Kilada Country Club, Golf & Residences and are happy to get involved in finalising phase I of the development, being the 18 holes golf course plus country club.

 

A further announcement will be made when appropriate in due course.

 

Enquiries

DCI Advisors Ltd

Nicolai Huls / Nick Paris, Managing Directors

 

nickparis@btinternet.com

+44 (0) 7738 470550

Cavendish Capital Markets (Nominated Adviser & Broker)

James King / Jonny Franklin‐Adams / Edward Whiley / Oscar Valeur‐Adu (Corporate Finance)

Pauline Tribe (Sales)

 

 

+44 (0) 20 7220 0500

FIM Capital Limited (Administrator)

Lesley Lennon / Grainne Devlin (Corporate Governance)

llennon@fim.co.im / gdevlin@fim.co.im

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDFLFILRAIEIIS
Grafico Azioni Dci Advisors (LSE:DCI)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Dci Advisors
Grafico Azioni Dci Advisors (LSE:DCI)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Dci Advisors