REG - DCI Advisors Ltd - AGM - FURTHER UPDATE

DCI AdvisorsAnnouncement

19/05/2026 13:00

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RNS Number : 9473E  DCI Advisors Limited  19 May 2026

DCI Advisors Ltd

(the "Company" or "DCI")

 

AGM - FURTHER UPDATE

19 May 2026

This announcement should be read in conjunction with the Company's
announcement issued on 18 May 2026.

The Board of Directors of the Company received a letter on 18 May 2026 from
the Managing Directors with the following text:

Quote

18-5-2026

To the Members of the Board,

We would like to formally submit the following proposal for consideration in
connection with the upcoming reelection and continuation of our appointments.

Subject to reelection, we are prepared to agree to a waiver of any applicable
termination fee. We further propose that our current terms of appointment be
terminated by the third anniversary of the 2026 AGM, at which point all terms
and conditions may be revisited and renegotiated in good faith between the
parties.

Furthermore, we are willing to accept a reduced fee structure effective as of
1 January 2027, with a combined total annual fee of €250,000 for both of us.

In addition, we would be willing to accept an incentive scheme for both of us
along the lines of 1% of total distributions, with the exact terms and
conditions to be agreed and negotiated at a later stage.

We believe this proposal reflects a constructive and balanced approach that
supports continuity, stability, and the long-term interests of the
organization.

We appreciate the Board's consideration and remain available to discuss the
proposal further if needed. Should the Board be supportive of the above
proposals, we would propose that the relevant documentation be prepared and
drafted accordingly.

We authorise DCI with publishing the letter to shareholders.

Kind regards,

Nicolai Huls and Nick Paris

 

Unquote

The Board is of the opinion that this material change to the contractual
arrangements with each of the Managing Directors, including the remuneration,
is in the interests of the Company and of shareholders.

Subject to the re-election of Nicolai Huls and Nick Paris pursuant to
Resolutions 3 and 4 to be considered at the AGM, the Board intends to proceed
to amend the relevant contractual arrangements with each of the Managing
Directors.

Any new incentive scheme will be put to a shareholder vote.

Enquiries

 DCI Advisors Ltd                                            nick.paris@d (mailto:nick.paris@dciadvisorsltd.com) ciadvisorsltd

                                                           (mailto:nick.paris@dciadvisorsltd.com) .com
 Nicolai Huls / Nick Paris, Managing Directors               (mailto:nick.paris@dciadvisorsltd.com)

 Sean Hurst, Chairman                                        +44 (0) 7738 470550

                                                             seanihurst@gmail.com
 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)                         csleight@fim.co.im (mailto:csleight@fim.co.im) /noxley@fim.co.im

 Caitlin Sleight/Nick Oxley (Corporate Governance)

 

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