Duke Royalty Limited (DUKE)

Sector:

Financials

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 44.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 48.10
  • 52 Week Low: 38.00
  • Currency: UK Pounds
  • Shares Issued: 197.90m
  • Volume: 4,750
  • Market Cap: £87.08m
  • Beta: 0.28

Duke Royalty Limited cancels exclusive agreement with Oliver Wyman

By Duncan Ferris

Date: Thursday 14 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Alternative capital solutions firm Duke Royalty Limited on Thursday mutually agreed with Oliver Wyman to end an exclusive healthcare collaboration stretching back to 7 September 2015.
The AIM-traded company said cancellation of the agreement stems from the fact that both parties found the sector focus to have been broader than originally envisaged, rendering an exclusive relationship to be "no longer relevant".

Duke Royalty also stated that the majority of its future pipeline transactions lie outside of the healthcare sector.

Neil Johnson, chief executive of Duke Royalty, said: "Our close relationship with Oliver Wyman will remain on a non-exclusive basis, although we are now well positioned to broaden our network of consultancies across different sectors."

The company intends to continue working with Oliver Wyman, supplementing the firm's due diligence efforts with relationships with additional global consulting firms which demonstrate expertise and local knowledge for investment opportunities.

Furthermore, Oliver Wyman will continue to be represented on Duke Royalty's independent investment committee.

As of 1028 BST, Duke Royalty Limited's shares were up 4.84% at 45.50p.

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DUKE Market Data

Currency UK Pounds
Share Price 44.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 48.10
52 Week Low 38.00
Volume 4,750
Shares Issued 197.90m
Market Cap £87.08m
Beta 0.28

DUKE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.48% below the market average53.48% below the market average53.48% below the market average53.48% below the market average53.48% below the market average
2.13% below the sector average2.13% below the sector average2.13% below the sector average2.13% below the sector average2.13% below the sector average
Price Trend
41.79% below the market average41.79% below the market average41.79% below the market average41.79% below the market average41.79% below the market average
49.04% above the sector average49.04% above the sector average49.04% above the sector average49.04% above the sector average49.04% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
47.50% above the sector average47.50% above the sector average47.50% above the sector average47.50% above the sector average47.50% above the sector average
Growth Not Available

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
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
  Q4 Q3
Ex-Div 27-Dec-18 27-Sep-18
Paid 12-Jan-19 12-Oct-18
Amount 0.70p 0.70p

Trades for 10-Dec-2018

Time Volume / Share Price
08:16 3,250 @ 43.76p
08:09 1,500 @ 43.76p

DUKE Key Personnel

CEO Neil A Johnson

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