Directors' Dealings

RNS Number : 8644R

Duke Royalty Limited

31 October 2019

 

Duke Royalty Limited

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

Directors' Dealings

Further to admission to trading on AIM of the Fundraising Shares today, Duke Royalty Limited (AIM: DUKE) announces the following dealings by certain Directors and their persons closely associated pursuant to the acquisition of Placing Shares this morning, in accordance with article 19(3) of the Market Abuse Regulation.

Unless otherwise defined, capitalised terms shall have the meaning as those set out in the 'Definitions' section of the announcement issued by the Company on 4 October 2019 or otherwise defined in the Company's announcement on 30 October 2019.

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 notification
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	Purchase of new ordinary shares in placing
c)	Price(s) and volume(s)	Price Volume 44 pence per share 142,807
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	31 October 2019
f)	Place of the transactions	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Arlington Group Asset Management
2	Reason for the notification
a)	Position/status	Person closely associated with Charles Cannon-Brookes, Executive Director of Duke Royalty Limited
b)	Initial notification /Amendment	Initial notification
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	Purchase of new ordinary shares in placing
c)	Price(s) and volume(s)	Price Volume 44 pence per share 156,693
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	31 October 2019
f)	Place of the transactions	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Justin Cochrane
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
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	Purchase of new ordinary shares in placing
c)	Price(s) and volume(s)	Price Volume 44 pence per share 75,000
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	31 October 2019
f)	Place of the transactions	London Stock Exchange (AIM)

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

Duke Royalty Limited	Neil Johnson / Charlie Cannon Brookes	[phone]
Cenkos Securities plc  (Nominated Adviser and Broker)	Julian Morse / Michael Johnson / Stephen Keys / Callum Davidson	[phone]
Edison Investment Research Limited (Research)	Elliot Berstock	[phone]
Newgate Communications (PR)	Elisabeth Cowell/ Ian Silvera/ Megan Kovach	[phone]
PrimaryBid	Kieran D'Silva	[phone]

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.

**ENDS**

 

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