REG - DCI Advisors Ltd - Sale of Apollo Heights land in Cyprus

DCI AdvisorsAnnouncement

02/07/2025 12:45

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RNS Number : 4417P  DCI Advisors Limited  02 July 2025

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE
REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). ON THE
PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO
BE IN THE PUBLIC DOMAIN.

DCI Advisors Ltd

(the "Company" or "DCI")

Sale of Apollo Heights land in Cyprus

2nd July 2025

Further to the announcement released on 30(th) April 2025, the Directors of
the Company are pleased to announce that Contracts of Sale have now been
signed for the sale of the 27 land plots owned by the Company at Apollo
Heights in Paramali, Cyprus for an agreed price of €7.5 million versus a
current Net Asset Value of €5.6 million. The Company has now received cash
representing 30% of the total sale price from the purchaser upon signing with
the balance to be paid when the sale transactions complete, which is expected
to take up to three months. The Company will announce updates to this sale in
due course.

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)

                                                             +44 (0) 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)

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

 

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