Dolphin Capital Investors (GB:DCI) has released an update.
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Dolphin Capital Investors has secured a new €150,000 shareholder loan from significant shareholder Lars Bader, increasing the total loans from various shareholders to roughly €3.46 million. The company plans to repay these loans with the proceeds from the sale of assets and has already extended the repayment term for the first three loans by three months. The board, in consultation with Cavendish Capital Markets Limited, has deemed the terms of the new and extended loans fair for shareholders, with additional security arrangements to be established.
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