Source - LSE Regulatory
RNS Number : 0490H
Duke Royalty Limited
08 March 2018
 

8 March 2018

Duke Royalty Limited
("Duke Royalty", "Duke" or the "Company")

 

Director/PDMR Shareholding

 

Duke Royalty Limited (AIM: DUKE) was informed yesterday, 7 March 2018 that on that day directors of the Company bought Duke Royalty ordinary shares of no par value ("Ordinary Shares")  as follows:

Shareholder

Number of Ordinary Shares acquired

Price paid per Ordinary Share

Neil Johnson

125,000

40 pence

Charlie Cannon-Brookes

427,000

39.72 pence

Arlington Group Asset Management Limited

45,193

39.99 pence

Nigel Birrell

125,000

40 pence

Justin Cochrane

50,000

40 pence

 

Charlie Cannon-Brookes is a director and shareholder of Arlington Group Asset Management Limited, Following the purchases of these shares the total holdings and percentages of the voting rights of the Company are as follows:

Shareholder

Number of Ordinary Shares

Percentage of issued share capital

Neil Johnson

1,637,000

1.69%

Charlie Cannon-Brookes

2,500,000

2.58%

Arlington Group Asset Management Limited

2,500,000

2.58%

Nigel Birrell

650,000

0.67%

Justin Cochrane

740,000

0.76%

 

Neil Johnson's holding when aggregated with the RBK&C Trust and Abingdon Capital Corporation (of which he is a director and shareholder) equates to 3,207,193 shares or 3.31 per cent. of the voting rights of the Company.

Charlie Cannon-Brookes' holding when aggregated with Arlington Group Asset Management Limited equates to 5,000,000 shares or 5.16 per cent. of the voting rights of the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

About Duke Royalty

Headquartered in Guernsey, Duke Royalty Limited provides alternative financing solutions to a diversified range of businesses in Europe and abroad. Duke Royalty's experienced team and exclusive partnership provide financing solutions to private companies that are in need of capital but whose owners wish to maintain equity control of their business. Duke Royalty's royalty investments are intended to provide robust, stable, long term returns to its shareholders.

Duke Royalty is listed on the AIM market under the ticker DUKE. For more information, visit dukeroyalty.com.

 

For further information:

Duke Royalty Limited

Neil Johnson / Charlie Cannon-Brookes


+44 (0) 1481 741 240



Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Samantha Harrison


+44 (0) 20 7383 5100



Cenkos Securities plc (Joint Broker)

Julian Morse / Michael Johnson


+44 (0) 207 397 8900



Mirabaud Securities Limited (Joint Broker)

Peter Krens / Edward Haig-Thomas


+44 (0) 20 3167 7222



Redleaf Communications (PR)

Elisabeth Cowell/ Robin Tozer/ Ian Silvera


+44 (0) 20 3757 6880

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Neil Johnson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Duke Royalty Limited

 

b)

 

LEI

 

 

213800GUTKPSJ39SER44

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares

 

 

 

GG00BYZSSY63



Identification code




b)

 

Nature of the transaction

 

 

Purchase of Placing Shares pursuant to the Fundraising

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




40p

125,000







d)

 

Aggregated information




- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 March 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Charles Cannon-Brookes

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Duke Royalty Limited

 

b)

 

LEI

 

 

213800GUTKPSJ39SER44

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares

 

 

 

GG00BYZSSY63



Identification code




b)

 

Nature of the transaction

 

 

Purchase of Placing Shares pursuant to the Fundraising

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Charles Cannon-Brookes


39.72p

427,000







d)

 

Aggregated information




- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 March 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Arlington Group Asset Management Limited (of which Charles Cannon-Brookes, a director of the Company, is a director and shareholder)

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Connected with an Executive Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Duke Royalty Limited

 

b)

 

LEI

 

 

213800GUTKPSJ39SER44

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares

 

 

 

GG00BYZSSY63



Identification code




b)

 

Nature of the transaction

 

 

Purchase of Placing Shares pursuant to the Fundraising

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Arlington Group Asset Management Limited


39.99p

45,193







d)

 

Aggregated information




- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 March 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Nigel Birrell

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Duke Royalty Limited

 

b)

 

LEI

 

 

213800GUTKPSJ39SER44

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares

 

 

 

GG00BYZSSY63



Identification code




b)

 

Nature of the transaction

 

 

Purchase of Placing Shares pursuant to the Fundraising

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Arlington Group Asset Management Limited


40p

125,000







d)

 

Aggregated information




- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 March 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Justin Cochrane

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Duke Royalty Limited

 

b)

 

LEI

 

 

213800GUTKPSJ39SER44

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares

 

 

 

GG00BYZSSY63



Identification code




b)

 

Nature of the transaction

 

 

Purchase of Placing Shares pursuant to the Fundraising

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Arlington Group Asset Management Limited


40p

50,000







d)

 

Aggregated information




- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 March 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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