Duke Royalty Limited (DUKE)

Sector:

Financials

Index:

FTSE AIM All-Share

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 43.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 48.10p
  • 52 Week Low: 38.00p
  • Currency: UK Pounds
  • Shares Issued: 199.87m
  • Volume: 180,583
  • Market Cap: £86.94m
  • Beta: 0.00

Duke Royalty enters advisory agreement with Partners Value Investments

By Josh White

Date: Wednesday 08 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Diversified royalty company Duke Royalty announced a new advisory agreement with Partners Value Investments on Wednesday.
The AIM-traded firm confirmed Partners Value Investment is its second largest shareholder with around 9.6% of the company's issued share capital.

Under the advisory agreement, PVI will provide input on transaction sourcing and capital raising activities.

In consideration for entering into the advisory agreement and to reflect the assistance received to date with the development of the company's business, PVI has been issued 2,000,000 warrants to subscribe for shares in Duke at a price of 42p per share.

The warrants may be exercised within a period of five years from the date of the agreement, Duke's board said.

PVI could be compensated in the future based on criteria agreed upon from time to time by Duke and PVI, it added.

"We are pleased to benefit from the expertise of Partners Value Investments as we continue to build the royalty model of Duke," said Duke CEO Neil Johnson.

"Having entered into the advisory agreement, which is complementary to our strategic collaboration with Oliver Wyman, Duke now has two relationships with companies with global reach and expertise which far exceeds anything our in-house team could replicate."

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DUKE Market Data

Currency UK Pounds
Share Price 43.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 48.10p
52 Week Low 38.00p
Volume 180,583
Shares Issued 199.87m
Market Cap £86.94m
Beta 0.00

DUKE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average
8.7% below the sector average8.7% below the sector average8.7% below the sector average8.7% below the sector average8.7% below the sector average
Price Trend
39.01% below the market average39.01% below the market average39.01% below the market average39.01% below the market average39.01% below the market average
35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average
Growth Not Available

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DUKE Dividends

  Latest Previous
  Q1 Q4
Ex-Div 04-Apr-19 27-Dec-18
Paid 17-Apr-19 12-Jan-19
Amount 0.70p 0.70p

Trades for 22-Mar-2019

Time Volume / Share Price
12:59 21,521 @ 43.55p
13:50 7,000 @ 43.55p
13:48 8,956 @ 43.26p
12:36 2,296 @ 43.55p
12:25 10,000 @ 43.60p

DUKE Key Personnel

CEO Neil A Johnson

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