Change of Adviser and Interim Dividend

RNS Number : 3162R
Duke Royalty Limited
21 September 2017
 

21 September 2017

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

Change of Adviser and Interim Dividend

 

Duke Royalty Limited (AIM: DUKE) is pleased to announce that it has appointed Cenkos Securities plc as its joint broker with immediate effect.

The Company is also pleased to report that the Board has approved an interim dividend of 0.5 pence (sterling) per share with the ex-dividend date being 28 September 2017, the record date 29 September 2017 and the payment date 19 October 2017. This quarterly dividend maintains the Company's targeted initial annual dividend yield of five per cent.

 

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 / Jamie Barklem/ Carolyn Sansom


+44 (0) 20 7383 5100



Cenkos Securities plc (Joint Broker)

Julian Morse / Michael Johnson


+44 (0) 207 397 8900



Mirabaud Securities LLP (Joint Broker)

Peter Krens / Edward Haig-Thomas


+44 (0) 20 3167 7222



 

 

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.

END

 


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