REG - Duke Capital - Follow-On Investment into Integrum Group Holdings

Duke CapitalAnnouncement

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RNS Number : 5823B  Duke Capital Limited  01 October 2025

1 October 2025

 

Duke Capital Limited

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

 

Follow-On Investment into Integrum Group Holdings Limited

Duke Capital Limited (AIM: DUKE), a leading provider of hybrid capital
solutions for SME business owners in Europe and North America, is pleased to
announce a follow-on investment of £6.0m into its existing capital partner,
Integrum Group Holdings Limited ("Integrum"). This investment will enable
Integrum to complete its first acquisition with Duke, in line with its
acquisitive growth strategy.

Formed in September 2018, Integrum comprises a portfolio of care homes
situated across the South East of England. The homes focus on nursing care
within the elderly care industry, providing residential care typically for
service users with higher acuity needs.

 

Highlights:

 

·    Additional Duke funding of £6.0m, alongside £1.3m of internal
balance sheet cash will facilitate Integrum's £7.3m acquisition of
Swanborough House (Brighton) Limited ("Swanborough House")

·       Swanborough House is a long-standing, profitable freehold care
home with 41 beds located in Brighton, focusing on specialist adult care and
more specifically continuing slow-stream treatment and rehabilitation of
acquired brain injuries.

·       The financing increases Duke's total credit financing in
Integrum to £20.5 million. The investment terms are the same as Duke's
initial investment into Integrum, including a starting yield of 13.0% and a
+/- 6% annual revenue adjustment factor in respect of hybrid credit payments
due.

·       Duke intends to support Integrum's buy-and-build strategy, as it
adds to the portfolio of seven homes acquired to date, including Swanborough
House. This support recognises the company's strength as a platform and its
impressive management team's strong track record in the elderly care sector

·       Following the acquisition of Swanborough House, the enlarged
Integrum portfolio will have extended its reach and impact in the elderly care
sector, catering for over 300 service users and employing over 550 staff
members.

 

Neil Johnson, CEO of Duke Capital, said:

 

"The Duke team are excited to support the acquisition of Swanborough House,
further extending Integrum's growing range of specialist care services with
the addition of acquired brain injury rehabilitation. We are excited to begin
our M&A journey with Integrum's first acquisition partnered with Duke.
Swanborough House is a well-run, high quality service care home that has been
providing the local community with specialist care for over 30 years."

 

Further information regarding Swanborough House

Opened in 1993, Swanborough House is a freehold care home with 41 beds located
on the South Coast of England, close to existing Integrum homes. Swanborough
House provides service users with specialist adult care, focusing on
continuing slow-stream treatment and rehabilitation of acquired brain
injuries. The care provided aims to help service users regain their
independence as much as is possible within the boundaries of their condition.
The home primarily consists of single occupancy en-suite bedrooms, with
options to support more independent living.

Duke Capital Portfolio

A full list of Duke's current partners is included for reference on the
Partners page of the Company's website: www.dukecapital.com/partners
(http://www.dukecapital.com/partners) .

 

***ENDS***

 

For further information, please visit https://dukecapital.com/
(https://dukecapital.com/) or contact:

 

 Duke Capital Limited                                                    Neil Johnson / Charles Cannon Brookes / Hugo Evans  +44 (0) 1481 231 816

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  Stephen Keys / Callum Davidson / Michael Johnson    +44 (0) 207 220 0500

 Canaccord Genuity Limited                                               Adam James / Harry Rees                             +44 (0) 207 523 8000

 (Joint Broker)

 SEC Newgate (Financial Communications)                                  Robin Tozer / Alice Cho / Gwen Samuel               + +44 (0) 20 3757 6882 dukecapital@secnewgate.co.uk

 

 

About Duke Capital

 

Duke is a leading provider of hybrid capital solutions for SME business owners
in Europe and North America, combining the best features of both equity and
debt.

 

Since 2017, Duke has provided unique long-term financing which eliminates
re-financing risk and necessity for a short-term exit by providing a unique
'corporate mortgage' while also aligning its returns to grow with the success
of the business.

 

Duke is focused on generating attractive risk-adjusted returns for
shareholders and has a track record of achieving this across market cycles.
It's three investment pillars are capital preservation, attractive dividend
yield, and to provide upside upon exits.

 

Duke is listed on the AIM market under the ticker DUKE and is headquartered in
Guernsey.

 

 

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