DCI Advisors Ltd (DCI): Asset sales and capital return
This situation live
DCI DCI Advisors Ltd
30 Mar 2026 · Sales agreed; awaiting Cyprus tax clearances · +0% until the next step
Once the tax clearance process for our Cyprus asset sales has been completed, the Board hopes to be able to consider the first return of surplus capital.
12 May 2026 · Apollo Heights final stage; Aristo €11m awaits tax clearance · +1% until the next step
Following settlement of the related tax obligation, the Company is preparing for completion of the land transfer process, which is expected by the end of May.
18 May 2026 · Board reaffirms distribution of net proceeds · −1% until the next step
It remains the Board's intention that substantially all of the net proceeds from realisations of investments will be distributed to shareholders, subject to retaining sufficient cash to meet operating
19 May 2026 · MD terms revised; incentive tied to distributions · −3% until the next step
Any new incentive scheme will be put to a shareholder vote.
23 Jun 2026 · Apollo plots sold; proceeds going to debt repayment · +9% since
The completion of the sale of the remaining 3 land plots for the agreed aggregate sale price of €0.65 million will proceed, pending the final tax clearances and completion of other corporate actions.
Asset sales and capital return
Apollo plots sold; proceeds going to debt repayment
Next: Completion of remaining 3 Apollo plots pending tax clearances
Every step · 5
- 30 Mar 2026 Sales agreed; awaiting Cyprus tax clearances – Once the tax clearance process for our Cyprus asset sales has been completed, the Board hopes to be able to consider the first return of surplus capital. ↗
- 12 May 2026 Apollo Heights final stage; Aristo €11m awaits tax clearance – Following settlement of the related tax obligation, the Company is preparing for completion of the land transfer process, which is expected by the end of May. ↗
- 18 May 2026 Board reaffirms distribution of net proceeds – It remains the Board's intention that substantially all of the net proceeds from realisations of investments will be distributed to shareholders, subject to... ↗
- 19 May 2026 MD terms revised; incentive tied to distributions – Any new incentive scheme will be put to a shareholder vote. ↗
- 23 Jun 2026 Apollo plots sold; proceeds going to debt repayment – The completion of the sale of the remaining 3 land plots for the agreed aggregate sale price of €0.65 million will proceed, pending the final tax clearances... ↗
What is happening
DCI Advisors Ltd: Asset sales and capital return – Apollo plots sold; proceeds going to debt repayment. ['Apollo plots sold; proceeds going to debt repayment']
- Announced
- 30 Mar 2026 · Sales agreed; awaiting Cyprus tax clearances
- Latest
- 23 Jun 2026 · Apollo plots sold; proceeds going to debt repayment
- Why
- Completes the previously agreed sale of 24 Apollo Heights land plots, with proceeds used to cut shareholder loans and trade creditors and fund working capital.
- Value
- Kilada land sales of about €2.9m are stated in euros only; no GBP value given
- The business
- €2 million (December 2025) plus €0.9 million (two plots, early May 2026)
- Use of money
- Repay debt, working capital
- What it changes
- Apollo Heights cash has arrived and will go to shareholder loans, supporting the deleveraging that precedes any capital return. Three plots (€0.65m) still await tax clearance.
What comes next
Completion of remaining 3 Apollo plots pending tax clearances.
From the company's own announcements. Not investment advice.
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