REG - DCI Advisors Ltd - Result of EGM and Directorate Changes

DCI AdvisorsAnnouncement

10/10/2025 13:45

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RNS Number : 9630C  DCI Advisors Limited  10 October 2025

DCI Advisors Limited

("DCI" or the "Company")

Result of EGM and Directorate Changes

10 October 2025

The Directors of DCI hereby announce that at the Extraordinary General
Meeting, held earlier today Resolution 1 was duly passed.

 

The total votes were cast as follows:

 

 Ordinary Resolution                    For          %      Against      %      Withheld

 1. Appoint Martin Adams as a Director  335,197,129  59.41  228,994,965  40.59  4,216,231

Martin will be formally appointed as a Director of DCI once all director take
on procedures and kyc formalities have been completed in Guernsey, London and
Cyprus.

The Company is also pleased to announce the appointment of Mr Nikiforos
Charagkionis as a Non-Independent Non-Executive Director of the Company with
immediate effect.

Following the recent changes, the composition of the Board will now consist of
a majority of non-executive directors, reinforcing our commitment to oversight
and strong corporate governance.

Nikiforos Charagkionis is a Greek executive and entrepreneur with nearly 30
years of experience in commercial real estate development and retail
technology solutions. He currently serves as Managing Director at both
Acropole Charagionis, a family-owned real estate development firm, and
Chronografiki S.A., a provider of retail and industrial technology solutions.
At Acropole Charagionis, where he has worked since 1995, he advanced from the
commercialization department to executive leadership, overseeing major
property acquisitions, development, leasing, and asset management. He has
co-developed large projects such as a shopping center in Thessaloniki, managed
international tenants like H&M and Inditex, and led partnerships with
firms including Sonae Sierra.

In addition to his executive roles, Nikiforos provides ongoing advisory
services for real estate clients, specializing in development strategy, asset
repositioning, and joint ventures across retail, mixed-use, and office
sectors. He holds a BSc in Industrial and Business Economics from the London
School of Economics and an MSc in International Economics and Management from
SDA Bocconi. Fluent in Greek and English, with basic knowledge of Italian and
French, his expertise spans real estate strategy, tenant negotiations,
business development, executive leadership, and the integration of technology
into retail solutions.

In addition, Gerasimos Efthimiatos has ceased to be a Director of the Company
with immediate effect. DCI is a modest sized company which does not need the
services of six directors.

 

Sean Hurst, Chairman of DCI commented: I am delighted to welcome Nikiforos to
the DCI Advisors Ltd Board and to join me in helping support Nick Paris and
Nicolai Huls in their ongoing sale of assets. Nikiforos brings a wealth of
experience and contacts in the region and will provide valuable advice to us
all. We welcome Martin Adams back to the Board of DCI and look forward to
working with him in a constructive manner and, we thank Gerasimos for his time
over the past 12 months. With so much achieved in 2025 already, we look
forward to minimising any disruptions and to focus on further asset sales and,
hopefully very soon, the first of many capital distributions to shareholders.

 

Enquiries

 DCI Advisors Ltd                                            nick.paris@dciadvisorsltd.com

 Nicolai Huls / Nick Paris, Managing Directors               + 44 7738 470550
 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)                         llennon@fim.co.im (mailto:llennon@fim.co.im) / noxley@fim.co.im

                                                           (mailto:noxley@fim.co.im)
 Lesley Lennon / Nick Oxley (Corporate Governance)

The following information is disclosed in accordance with AIM Rule 17 and
Schedule 2(g) of the AIM Rules for Companies for Mr Nikiforos Charagkionis
(aged 54):

Mr Charagkionis currently holds no ordinary shares in the Company.

 Current Directorships                                                          Directorships in the past 5 years
 Acropole Charagkionis Commercial, Real Estate, Technical, Development of       MIK3
 Shopping Centers & Parking Lots, Services, and Holding S.A.
 Chronografiki Commercial Import Representative Manufacturing and Export of
 Weighing Systems, Computers and Machines for Offices, Shops and Industries
 S.A.
 Peak Professional Services LP
 Acropole Property Partners P.C.
 Acropole Parking Stations S.A.
 Acropole Commercial Shops S.A.
 Acropole Akinito Kriezotou Real Estate Construction Property Development
 Holdings Services & Real Estate S.A.
 Ilos Technical, Commercial, Tourist, Quarrying, Industrial and Real Estate
 S.A.
 Xavier Real Estate, Construction, Property Development and Holdings S.A .
 Victor Construction, Management, Property Development and Holdings S.A.
 Aegean Park Construction, Real Estate and Development S.A
 Imogreece BV
 SC Aegean BV
 Park Avenue Shopping Center Development S.A
 Albyfield Ltd
 Lunette Trading Ltd
 Talbot Thessaloniki Real Estate, Construction, Property Development and
 Holdings S.A
 Albifield Kifisias Real Estate Construction Property Development and Holdings
 S.A
 Grand Prix Real Estate Construction Property Development and Holdings S.A
 Lyonesse Ltd
 Theodoros and Nikiforos Charagkionis S.A
 N.P.C Investments Real Estate Commercial Construction and Holding S.A
 Aktaion Property Development S.A
 Biztec SA
 Victoria Museum Real Estate, Construction, Property Development and Holdings
 S.A

 

Nikiforos Charagkionis was involved in a criminal conviction issued due to
unpaid rents to a public pension fund by one of the companies under his
management (Acropole Commercial Shops SA). This occurred as a result of his
capacity as Managing Director. However, it was irrevocably decided by the
civil courts that no rents were due, and an application was submitted to the
criminal courts for the standard procedure to be followed so that the decision
will be annulled.

 

Save as set out above there are no further disclosures required pursuant to
Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.

 

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