Director/PDMR Shareholding

RNS Number : 0666T

Duke Royalty Limited

09 October 2017

 

9 October 2017

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

Director/PDMR Shareholding

Duke Royalty Limited (AIM: DUKE) announces that Neil Johnson, Chief Executive Officer of Duke Royalty, informed the Company on 6 October 2017 that on that day he purchased 100,000 Duke Royalty ordinary shares of no par value ("Ordinary Shares") at a price of 40 pence per share via his family trust, the RBK&C Trust, of which he is a beneficial owner.

Charlie Cannon-Brookes, Executive Director of Duke Royalty, informed the Company on 6 October 2017 that on that day he purchased 191,484 Ordinary Shares at a price of 38.88 pence per share.

Arlington Group Asset Management Limited, of which Charlie Cannon-Brookes is a director and shareholder, informed the Company on 6 October 2017 that on that day it purchased 142,635 Ordinary Shares at a price of 38 pence per share.

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	1,260,000	2.78%
Abingdon Capital Corporation	500,000	1.10%
Charlie Cannon-Brookes	1,600,000	3.53%
Arlington Group Asset Management Limited	1,500,000	3.31%

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 1,760,000 shares or 3.88 per cent. of the voting rights of the Company.

Charlie Cannon-Brookes' holding when aggregated with Arlington Group Asset Management Limited equates to 3,100,000 shares or 6.84 per cent. of the voting rights of the Company.

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
	[phone]
Grant Thornton UK LLP (Nominated Adviser)	Colin Aaronson / Samantha Harrison / Jamie Barklem/ Carolyn Sansom
	[phone]
Cenkos Securities plc (Joint Broker)	Julian Morse / Michael Johnson
	[phone]
Mirabaud Securities Limited (Joint Broker)	Peter Krens / Edward Haig-Thomas
	[phone]

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

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	100,000
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	6 October 2017
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)
			38.88p	191,484
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	6 October 2017
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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