Business
Convertible Bonds Issue
Convertible Bonds Issue.
About this update from Dci Advisors Limited
[{"type":"text","content":"\n \nRNS Number : 7318B Dolphin Capital Investors Limited 08 April 2013 \n \n\n 8 April 2013\n \nDOLPHIN CAPITAL INVESTORS LIMITED(\"Dolphin\" or the \"Company\")\nClosing of the €50 million Convertible Bonds Issue\nDolphin is pleased to announce that it has successfully issued €50 million of convertible bonds (the \"Euro Bonds\") on 5th April 2013.\n \nThe Euro Bonds have a five-year term and a coupon of 5.5% per annum and are convertible into Dolphin common shares at an initial conversion price of €0.5737 per share (representing £0.50 per share converted into Euros at the fixed exchange rate of £1.00: €1.1474).\n \nFor further information, please contact:\n\n\n\n\n \nDolphin Capital Partners\nMiltos E. Kambourides\nPierre A. Charalambides\nKaterina G. Katopis\nEleni Florou\n\n\n \n \[email protected]\[email protected]\[email protected]\[email protected]\n\n\n\n\n \n \nPanmure Gordon\n(Broker)\nRichard Gray / Dominic Morley / Andrew Potts\n \n\n\n \n \n+44 (0) 20 7886 2500\n \n\n\n\n\n \nGrant Thornton Corporate Finance\n(Nominated Adviser)\nPhilip Secrett\n \n\n\n \n+44 (0) 20 7383 5100\n\n\n\n\n \nFTI Consulting, London\nStephanie Highett\nWill Henderson\nDaniel O'Donnell\n\n\n \n+44 (0)20 7831 3113\[email protected]\[email protected]\ndaniel.o'[email protected]\n\n\n\n\n \nNotes to Editors\nDolphin (www.dolphinci.com) is a leading global investor in the residential resort sector in emerging markets and one of the largest real estate investment companies quoted on AIM in terms of net assets. Dolphin seeks to generate strong capital growth for its shareholders by acquiring large seafront sites of striking natural beauty in the eastern Mediterranean, Caribbean and Latin America and developing sophisticated leisure-integrated residential resorts.\nSince its inception in 2005, Dolphin has raised €948 million of equity, has become one of the largest private seafront landowners in Greece and Cyprus and has partnered with some of the world's most recognised architects, golf course designers and hotel operators.\nDolphin's portfolio is currently spread over approximately 63 million m2 of prime coastal developable land and comprises 14 large-scale, leisure-integrated residential ...