BRITISH VIRGIN ISLANDS - DCI Advisors Ltd, an investment advisory firm, has announced an update on the timing of its re-domiciliation process from the British Virgin Islands to Guernsey. Following the resolutions passed at the General Meeting on December 19, 2024, the company has been assigned a new ISIN (GG00BSWT8V72) and SEDOL (BSWT8V7). DCI Advisors confirms that it expects to be admitted to trading on the AIM market of the London Stock Exchange (LON:LSEG) on January 8, 2025.
The company's trading symbol (TIDM) will remain as "DCI." However, trading in the company's Ordinary Shares will continue to be suspended until the publication of the audited accounts for the year ended December 31, 2023, and the interim results for the six months ended June 30, 2024. These financial statements are anticipated to be released shortly, and the company will make a further announcement once they are available.
The re-domiciliation is part of DCI Advisors' strategic efforts to align its corporate structure with its operational framework. The move to Guernsey is expected to be completed with the admission of the company's shares to AIM, which is a sub-market of the London Stock Exchange, designed for smaller, growing companies.
This update is based on a press release statement from DCI Advisors Ltd and is intended to provide shareholders and potential investors with the latest information regarding the company's re-domiciliation and trading status. As the company prepares for its new phase in Guernsey, stakeholders are advised to await the forthcoming financial reports for further details on the company's performance and operations.
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