Director/PDMR Shareholdings

RNS Number : 0490H

Duke Royalty Limited

08 March 2018

 

8 March 2018

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

Director/PDMR Shareholding

Duke Royalty Limited (AIM: DUKE) was informed yesterday, 7 March 2018 that on that day directors of the Company bought Duke Royalty ordinary shares of no par value ("Ordinary Shares")  as follows:

Shareholder	Number of Ordinary Shares acquired	Price paid per Ordinary Share
Neil Johnson	125,000	40 pence
Charlie Cannon-Brookes	427,000	39.72 pence
Arlington Group Asset Management Limited	45,193	39.99 pence
Nigel Birrell	125,000	40 pence
Justin Cochrane	50,000	40 pence

Charlie Cannon-Brookes is a director and shareholder of Arlington Group Asset Management Limited, 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	1,637,000	1.69%
Charlie Cannon-Brookes	2,500,000	2.58%
Arlington Group Asset Management Limited	2,500,000	2.58%
Nigel Birrell	650,000	0.67%
Justin Cochrane	740,000	0.76%

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 3,207,193 shares or 3.31 per cent. of the voting rights of the Company.

Charlie Cannon-Brookes' holding when aggregated with Arlington Group Asset Management Limited equates to 5,000,000 shares or 5.16 per cent. of the voting rights of the Company.

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

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
	[phone]
Cenkos Securities plc (Joint Broker)	Julian Morse / Michael Johnson
	[phone]
Mirabaud Securities Limited (Joint Broker)	Peter Krens / Edward Haig-Thomas
	[phone]
Redleaf Communications (PR)	Elisabeth Cowell/ Robin Tozer/ Ian Silvera
	[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.

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	125,000
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	7 March 2018
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)
	Charles Cannon-Brookes		39.72p	427,000
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	7 March 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Arlington Group Asset Management Limited (of which Charles Cannon-Brookes, a director of the Company, is a director and shareholder)
2	Reason for the notification
a)	Position/status	Connected with an 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)
	Arlington Group Asset Management Limited		39.99p	45,193
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	7 March 2018
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	Non-executive 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	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)
	Arlington Group Asset Management Limited		40p	125,000
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	7 March 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Justin Cochrane
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)
	Arlington Group Asset Management Limited		40p	50,000
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	7 March 2018
f)	Place of the transaction	London Stock Exchange

 

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