REG - Duke Royalty Limited - Director/PDMR Shareholdings

Duke CapitalAnnouncement

08/03/2018 07:05

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

+44 (0) 1481 741 240


Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson/Samantha Harrison

+44 (0) 20 7383 5100


Cenkos Securities plc (Joint Broker)
Julian Morse / Michael Johnson

+44 (0) 207 397 8900


Mirabaud Securities Limited (Joint Broker)
Peter Krens / Edward Haig-Thomas

+44 (0) 20 3167 7222


Redleaf Communications (PR)
Elisabeth Cowell/ Robin Tozer/ Ian Silvera

+44 (0) 20 3757 6880
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

This information is provided by RNS
The company news service from the London Stock Exchange
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