Source - LSE Regulatory
RNS Number : 0053B
Duke Royalty Limited
02 October 2020
 

2 October 2020

 

Duke Royalty Limited

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

Issue of Equity for Scrip Dividend

 

Further to its announcement on 1 October 2020 which confirmed the scrip dividend reference price of 23.56p in connection with the upcoming September quarter dividend payment, Duke announces that a total of 5,123,263 new ordinary shares ("New Shares") will be issued to shareholders on 12 October 2020 based on the calculation previously announced.

 

Application will be made for the New Shares to be admitted to trading on AIM on 12 October 2020 ("Admission"). Following Admission, the Company will have a total of 257,906,907 ordinary shares in issue carrying voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine  if they are required to notify their interest in, or a change to their interest in the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

***ENDS***

 

For further information, please contact www.dukeroyalty.com, or contact:

 

Duke Royalty Limited

Neil Johnson / Charlie Cannon Brookes / Hugo Evans

 

+44 (0) 1481 741 240

Cenkos Securities plc 

(Nominated Adviser and Broker)

 

Stephen Keys / Callum Davidson / Julian Morse / Michael Johnson

 

+44 (0) 207 397 8900

Newgate Communications (PR)

Elisabeth Cowell/ Ian Silvera/ Megan Kovach

+ +44 (0) 20 3757 6880 dukeroyalty@newgatecomms.com

 

 

About Duke Royalty

 

Duke Royalty Limited provides alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad. Duke Royalty's experienced team 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 and is headquartered in Guernsey.

 

 

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