REG - DCI Advisors Ltd - Shareholder Loan

DCI AdvisorsAnnouncement

28/08/2025 14:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250828:nRSb1025Xa&default-theme=true

RNS Number : 1025X  DCI Advisors Limited  28 August 2025

DCI Advisors Ltd

(the "Company" or "DCI")

Further Shareholder loan

and

Related Party Transaction

The Board of DCI has entered into a new loan agreement with Discover
Investment Company ("DIC") for €400,000 to provide additional working
capital to the Company and to support DCI's board in implementing its
strategy. This follows the repayment of the previously announced €1 million
shareholder loan on 21 May 2025. DIC has previously entered into loan
agreements with the Company for €350,000 in May 2023, which was repaid in
April 2025, and for €350,000 in July 2024, which remains outstanding.  To
date, the Company has received 23 loans from different shareholders of which
16 are still outstanding amounting to approximately €4.725 million. The
Company's intention is to repay all outstanding Shareholder Loans from the
proceeds of the sale of Company assets.

 

The new Shareholder Loan agreement has been entered into with DIC who are
considered a related party under the definition of the AIM Rules for Companies
by virtue of Nicolai Huls, Managing Director of the Company, also being a
Director of DIC. Accordingly, the entering into of the new Shareholder Loan
agreement is deemed to be related party transaction pursuant to AIM Rule 13 of
the AIM Rule for Companies.

 

The Company's directors (excluding Nicolai Huls) consider, having consulted
with the Company's Nominated Adviser, Cavendish Capital Markets Limited, that
the terms of the Shareholder Loan, as described above, is fair and reasonable
insofar as the shareholders are concerned.

 

As previously announced, collateral in the form of security over certain
Company assets will be put in place using normal commercial terms which will
exceed the aggregate value of each of the loans. In addition, the Board has
agreed that the Company will guarantee the repayment of the latest loan and
all Shareholder Loans received to date. A further announcement will be made
once the Company has entered into the new security agreements.

 

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

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSEMFDAEISEFA