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REG - DCI Advisors Ltd - Delay in Publication of Accounts & Temp Suspension

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RNS Number : 6919K  DCI Advisors Limited  01 November 2024

 

DCI Advisors Ltd

(the "Company" or "DCI")

Delay in Publication of Annual Results and Temporary Suspension

1 November 2024

The Board of the Company provides a further update with respect to its audited
annual results for the year end 31 December 2023 ("Annual Results") and its
temporary suspension from trading on AIM.

Delay in Publication of Annual Results

DCI's auditor is KPMG Cyprus in cooperation with KPMG Greece and KPMG Croatia
who audit the assets in those respective countries.

On the 18th June, the Company informed shareholders that the audit was
expected to take until at least 9 August 2024, which was the best indication
of timing the Board had received at the time.

A further update was issued on 16 September 2004 advising that the Audited
Annual Results would be published during October 2024.

As at today's date, the Audit has not been completed.  KPMG continue to work
on this and the Company now believes that the audited Annual Results together
with the interim results for the 6 months to 30 June 2024 should be published
during December.

Further updates will be made when available.

Temporary Suspension

As announced on 18 June 2024, DCI's ordinary shares of €0.01 each
("Ordinary Shares") were suspended on 1 July 2024 after the Company was
unable to publish its audited annual results.

DCI's Ordinary Shares remain suspended for the time being, and the suspension
will be lifted after the audited Annual and Interim Results are published.

Further announcements will be made as required.

Enquiries

 DCI Advisors Ltd                                                          nickparis@btinternet.com (mailto:nickparis@btinternet.com)

 Nicolai Huls / Nick Paris, Managing Directors                             +44 (0) 7738 470550
 Cavendish Capital Markets (Nominated Adviser & Broker)

 James King / Jonny Franklin-Adams / Edward Whiley / (Corporate Finance)

 Pauline Tribe (Sales)                                                     +44 (0) 20 7220 0500
 FIM Capital Limited (Administrator)

 Lesley Lennon (Corporate Governance)                                      llennon@fim.co.im (mailto:llennon@fim.co.im)

 

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