Duke Royalty Limited Result of General Meeting and Issue of Equity (7840V)

TIDMDUKE

RNS Number : 7840V

Duke Royalty Limited

16 April 2021

16 April 2021

Duke Royalty Limited

(" Duke " or the " Company ") ( LON : DUKE )

Result of General Meeting and Issue of Equity

Duke Royalty Limited, the AIM quoted provider of alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad , is pleased to announce that the Resolution was duly passed by Shareholders at the Company's General Meeting held today in connection with the Fundraising to raise GBP35 million (before expenses).

Accordingly, an application has been made for 100,000,002 New Ordinary Shares, representing the 91,428,573 Placing Shares and the 8,571,429 PrimaryBid Shares, to be admitted to trading on AIM ("First Admission"), which is expected to be take place at 8.00 a.m. on 19 April 2021 .

The Company also announces the issuance of a further issuance of 104,576 new Ordinary Shares in the Company in lieu of compensation due to Duke's Investment Committee. Application has been made for these new Ordinary Shares to be admitted to trading on AIM ("Second Admission"), which is expected to take place at 8.00 a.m. on 20 April 2021 .

Following First Admission, the Company will have 357,906,909 Ordinary Shares in issue carrying voting rights admitted to trading on AIM. Following Second Admission, the Company will have 358,011,485 Ordinary Shares in issue carrying voting rights admitted to trading on AIM.

These figures may be used by Shareholders as the denominators for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules following First Admission and Second Admission respectively.

Unless otherwise 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.

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

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April 16, 2021 10:14 ET (14:14 GMT)