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DCI Advisors Faces Delay in Final Payment Due to Tax Clearance

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DCI Advisors Faces Delay in Final Payment Due to Tax Clearance

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Dolphin Capital Investors ( (GB:DCI) ) has issued an announcement.

DCI Advisors Ltd, a company involved in real estate transactions, announced a delay in receiving the final cash payment of €6,150,000 from Mr. Aristodemou for the sale of its interests in Aristo Developers. The delay is due to pending tax clearance in Cyprus, which has also postponed the transfer of remaining shares in DCI Holdings Two Limited to Mr. Aristodemou. Directors Sean Hurst and Nicholas Paris have resigned from the board of DCI H2 as part of the agreement, and further announcements will be made once the tax clearance is obtained.

More about Dolphin Capital Investors

Average Trading Volume: 390,680

Technical Sentiment Signal: Strong Buy

Current Market Cap: £44.78M

Find detailed analytics on DCI stock on TipRanks’ Stock Analysis page.

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