Duke Royalty Limited (DUKE)

Sector:

Financials

Index:

FTSE AIM All-Share

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45.40p
   
  • Change Today:
    -0.20p
  • 52 Week High: 48.10p
  • 52 Week Low: 40.00p
  • Currency: UK Pounds
  • Shares Issued: 199.87m
  • Volume: 110,465
  • Market Cap: £90.74m
  • Beta: 0.01

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 45.40p
Change Today -0.20p
% Change -0.44 %
52 Week High 48.10p
52 Week Low 40.00p
Volume 110,465
Shares Issued 199.87m
Market Cap £90.74m
Beta 0.01

DUKE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.72% below the market average53.72% below the market average53.72% below the market average53.72% below the market average53.72% below the market average
14.48% below the sector average14.48% below the sector average14.48% below the sector average14.48% below the sector average14.48% below the sector average
Price Trend
39.98% below the market average39.98% below the market average39.98% below the market average39.98% below the market average39.98% below the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% 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 24-May-2019

Time Volume / Share Price
16:09 2,764 @ 45.20p
16:09 2,764 @ 45.20p
15:49 32,748 @ 45.80p
15:30 1,417 @ 45.26p
15:29 4,000 @ 45.80p

DUKE Key Personnel

CEO Neil A Johnson

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