Source - LSE Regulatory
RNS Number : 3927A
Duke Royalty Limited
02 February 2022
 

2 February 2022

Duke Royalty Limited

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

Directorate Changes

 

Duke Royalty, a provider of alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and North America, is pleased to announce that Maree Wilms will be joining the Board of Duke as a Non-Executive Director. On completion of the necessary compliance and regulatory approvals currently being undertaken by the Company's Nominated Advisor, Maree is expected to formally join the Board later this month and a further announcement will be made once the appointment is finalised.

Maree, a resident of Guernsey, brings extensive corporate governance, fund management & structuring experience to the Group. She is co-founder and CEO of Zeta Asset Management ICC Limited ("Zeta"), a Guernsey domiciled entity specialising in the creation of regulated asset management companies in Guernsey and fund structures across offshore jurisdictions. In addition to her role at Zeta, Maree is COO of South Africa Alpha Capital Management Limited, a fund advisory and structuring platform which has launched and advised more than 60 funds. Maree commenced her career at Adelphi Capital Limited, where she worked as a Hedge Fund Analyst for nine years.

The Company also announces that Mark LeTissier is stepping down as Non-Executive Director. As European Regional Managing Director of Trident Trust, Duke's administrator, this will allow a greater level of independence on the Board. Mark steps down effective upon Maree's formal appointment to the Board.    

Nigel Birrell, Chairman of Duke Royalty, said:

"We are pleased to welcome Maree to the Board of Duke during this exciting time in our development and look forward to benefitting from her extensive experience in funds, structuring and governance. This appointment will bring a greater level of independence and diversity for the Board, which will be highly valuable as we focus on further scaling our portfolio and business to benefit shareholders.

"I would like to take this opportunity to thank Mark for his five years of service on the Board of Duke Royalty. He has played a fundamental role in overseeing the Company's transition from a small business to a diversified portfolio with 13 investee companies. His contribution has been invaluable and we wish him all the best for the future."

 

***ENDS***

 

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

 

 

Duke Royalty Limited

Neil Johnson / Charles Cannon Brookes / Hugo Evans

 

 

+44 (0) 1481 730 613

Cenkos Securities plc 

(Nominated Adviser

and Joint Broker)

 

Stephen Keys / Callum Davidson / Julian Morse / Michael Johnson

 

+44 (0) 207 397 8900

 




Canaccord Genuity

(Joint Broker)

 

Adam James / Georgina McCooke

+44 (0) 207 523 8000

SEC Newgate (PR)

Elisabeth Cowell/ Richard Bicknell/ Megan Kovach

+44 (0) 20 3757 6882 dukeroyalty@secnewgate.co.uk

 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOATBMTTMTTMTMT
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Duke Capital Limited (DUKE)

+1.00p (+3.08%)
delayed 16:57PM