Dolphin Capital Investors Ltd (DCI)

Sector:

Real Estate

 4.15p
   
  • Change Today:
      0.000p
  • 52 Week High: 4.50
  • 52 Week Low: 2.95
  • Currency: UK Pounds
  • Shares Issued: 904.63m
  • Volume: 0
  • Market Cap: £37.54m
  • RiskGrade: 224

Dolphin Capital completes €27m disposal of Pearl Island share

By Josh White

Date: Tuesday 14 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Eastern Mediterranean-focussed high-end residential resort investor Dolphin Capital Investors announced the completion of the disposal of its 60% interest in Pearl Island, the private island development off the coast of Panama, to Grivalia Hospitality on Tuesday.
The AIM-traded firm said it received the €27m cash consideration on 13 March, of which €2m would remain in escrow for a period of 12 months post-completion to cover any potential breach of DCI's warranties or undisclosed indebtedness.

"The board, taking into consideration Dolphin's outstanding liabilities and working capital requirements, has decided not to make a distribution of the Pearl Island disposal proceeds to shareholders at this stage and apply the proceeds towards working capital and general corporate purposes," it said in a statement.

"The board will re-evaluate the company's distribution potential when there is more clarity on the pace of additional disposals."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DCI Market Data

Currency UK Pounds
Share Price 4.15p
Change Today 0.000p
% Change 0.00 %
52 Week High 4.50
52 Week Low 2.95
Volume 0
Shares Issued 904.63m
Market Cap £37.54m
RiskGrade 224

DCI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.97% above the market average71.97% above the market average71.97% above the market average71.97% above the market average71.97% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
13.45% above the market average13.45% above the market average13.45% above the market average13.45% above the market average13.45% above the market average
20.75% below the sector average20.75% below the sector average20.75% below the sector average20.75% below the sector average20.75% below the sector average
Income Not Available
Growth
5.36% above the market average5.36% above the market average5.36% above the market average5.36% above the market average5.36% above the market average
13.21% above the sector average13.21% above the sector average13.21% above the sector average13.21% above the sector average13.21% above the sector average

DCI Dividends

No dividends found

Trades for --2021

Time Volume / Share Price
0 @ 0.000p

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