Duke Royalty Limited (DUKE)

Sector:

Financials

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 44.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 48.10
  • 52 Week Low: 35.50
  • Currency: UK Pounds
  • Shares Issued: 197.90m
  • Volume: 11,221
  • Market Cap: £88.07m

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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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

DUKE Market Data

Currency UK Pounds
Share Price 44.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 48.10
52 Week Low 35.50
Volume 11,221
Shares Issued 197.90m
Market Cap £88.07m

DUKE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.73% below the market average51.73% below the market average51.73% below the market average51.73% below the market average51.73% below the market average
1.39% below the sector average1.39% below the sector average1.39% below the sector average1.39% below the sector average1.39% below the sector average
Price Trend
43.58% below the market average43.58% below the market average43.58% below the market average43.58% below the market average43.58% below the market average
28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
67.09% above the sector average67.09% above the sector average67.09% above the sector average67.09% above the sector average67.09% 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
  Q2 Q1
Ex-Div 28-Jun-18 29-Mar-18
Paid 12-Jul-18 12-Apr-18
Amount 0.70p 0.60p

Trades for 17-Aug-2018

Time Volume / Share Price
15:38 11,221 @ 44.45p

DUKE Key Personnel

CEO Neil A Johnson

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