Director / PCA Dealings

RNS Number : 9134V

Duke Royalty Limited

19 April 2021

 

19 April 2021

Duke Royalty Limited

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

Director / PCA Dealings

Further to its announcement on 1 April 2021, and following admission of the Placing Shares to trading on AIM this morning, the Company announces that the following Directors and/or their persons closely associated ("PCAs") have acquired Placing Shares at the Issue Price:

Director/PCA	Number of Placing Shares subscribed
Neil Johnson (CEO)	200,000
Nigel Birrell (Chairman)	200,000
Arlington Partners Fund*	235,639

*Arlington Partners Fund is owned by Arlington Group Asset Management Limited, in which Charlie Cannon Brookes, Executive Director, has a 50 per cent. interest.

Other than where defined, capitalised terms used in this announcement have the meanings given to them in the Company's announcement released via RNS at 4.30pm on 31 March 2021.

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

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 Identification code	Ordinary shares of nil par value ISIN: GG00BYZSSY63
b)	Nature of the transaction	Acquisition of shares pursuant to placing
c)	Price(s) and volume(s)	Price(s) Volume(s) 35p per share 200,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	19 April 2021
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	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 Identification code	Ordinary shares of nil par value ISIN: GG00BYZSSY63
b)	Nature of the transaction	Acquisition of shares pursuant to placing
c)	Price(s) and volume(s)	Price(s) Volume(s) 35p per share 200,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	19 April 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Arlington Partners Fund
2	Reason for the notification
a)	Position/status	PCA of Charlie Cannon Brookes, Executive Director of Duke Royalty Limited
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 Identification code	Ordinary shares of nil par value ISIN: GG00BYZSSY63
b)	Nature of the transaction	Acquisition of shares pursuant to placing
c)	Price(s) and volume(s)	Price(s) Volume(s) 35p per share 235,639
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	19 April 2021
f)	Place of the transaction	London Stock Exchange

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

Duke Royalty Limited	Neil Johnson / Charlie Cannon Brookes / Hugo Evans	[phone]
Cenkos Securities plc  (Nominated Adviser and Joint Broker)	Stephen Keys / Callum Davidson / Julian Morse / Michael Johnson	[phone]
Canaccord Genuity (Joint Broker)	Adam James / Sam Lucas / Georgina McCooke	[phone]
SEC Newgate (PR)	Elisabeth Cowell/ Tom Carnegie/ Megan Kovach	+ [phone] [e-mail]

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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