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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dukemount Capital Plc | LSE:DKE | London | Ordinary Share | GB00BMWC6Q55 | ORD GBP0.00001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.031 | 0.027 | 0.035 | 0.031 | 0.031 | 0.031 | 641,922 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Lessors Of Real Property,nec | 0 | -408k | -0.0059 | -0.05 | 20.8k |
From Apr 2019 to Apr 2024
TIDMDKE
RNS Number : 4935Z
Dukemount Capital PLC
03 September 2018
03 September 2018
Dukemount Capital Plc
("Dukemount" or the "Company")
Joint Venture with Rascasse Developments Ltd
Dukemount Capital plc, the long-dated income provider and property management company is pleased to announce that it has entered into a 50/50 joint venture with Rascasse Developments Ltd to create DKE (Midlands)Ltd
The joint venture company will be owned equally between Dukemount Capital Plc and Rascasse Developments Ltd (Rascasse) and has been set up to facilitate expansion of the property portfolio. The directors of the joint venture are Lynn Waldron, Darryl Eales, Geoffrey Dart and Alfred Long. Rascasse has substantial experience in developing property within the Midlands. Dukemount brings its experience and knowledge of the supported living sector as well as institutions wishing to enter this important sector for their long-term income needs.
Dukemount Executive Chairman Geoffrey Dart said, "Lynn and Darryl bring a wealth of development expertise in the Midlands property sector where there is a lot of opportunity for Dukemount. Alfred has been working with Dukemount for some time and has been instrumental in the creation of this joint venture. Progress continues on the first 2 projects and updates will be made when appropriate".
Market Abuse Regulation (MAR) disclosure
Certain statements in this announcement contain inside information for the purpose of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Dukemount Capital Tel: +44 (0) 7874 762 821 Plc Timothy Le Druillenec Walbrook PR (Media Tel: +44 (0) 207 933 8780 and Investor Enquiries Paul Cornelius / dukemountcapital@walbrookpr.com Gary Middleton Optiva Securities Tel: +44 (0) 203 137 1906 Ltd Christian Dennis - Corporate Broker Jeremy King - Corporate Broker Peterhouse Corporate Tel: +44 (0) 207 469 0930 Finance Limited Lucy Williams/Duncan Vasey
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
September 03, 2018 02:00 ET (06:00 GMT)
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