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GUERNSEY - DCI Advisors Ltd has announced a change in venue for its upcoming Extraordinary General Meeting (EGM), originally scheduled on the Isle of Man. Due to the coinciding Isle of Man TT Races, which could complicate travel arrangements for shareholders, the EGM will now take place at Mont Crevelt House, Bulwer Avenue, St Sampson, Guernsey GY1 3US.
The meeting, set for 12:30 pm on 28 May 2025, was rescheduled from its initial 28 February 2025 date following a requisition by Almitas Capital LLC to appoint Mr. Martin Adams as a director of DCI. The EGM faced two postponements, on 25 February and again on 26 March, to allow for an investigation into matters relevant to the EGM’s business. The directors deemed these matters significant enough to delay proceedings until a thorough investigation could be completed.
Votes that shareholders have already submitted by proxy will still be valid for the rescheduled EGM. DCI Advisors has assured that a further announcement will be made ahead of the new date to update shareholders on the status of the investigation and any other relevant information.
This decision to move the EGM aims to facilitate shareholder attendance and participation, acknowledging the logistical challenges posed by the popular motorcycling event. The information is based on a press release statement by DCI Advisors Ltd.
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