Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Announces a follow-on investment of GBP1.8 million into its existing partner Tristone Healthcare Ltd. Says the fund will facilitate Tristone's latest acquisition of South West Intervention Services Ltd. This increases Duke's total investment in Tristone to GBP19.4 million. Read More
Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Says recurring cash revenue for the fourth quarter of financial 2023 amounts to GBP5.7 million, up from GBP4.7 million the year before. Total cash revenue is GBP5.8 million, up from GBP5.6 million in the previous quarter. Says in the quarter, Duke Royalty completes a new USD8.8 million royalty investment into Instor Solutions Inc, a California-based product reseller and service provider for work related to the build-out and migration of data centres. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News: Read More
Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Announces the successful exit of its investment in royalty partner Instor Solutions Inc, a California-based product reseller and service provider for work related to the build-out and migration of data centres. Receives net cash of USD11.2 million at closing, delivering a total gain of USD2.4 million over Duke's initial investment amount, provided to Instor in March 2023. Notes this represents the sixth and most profitable exit for Duke to date. Proceeds from the exit further strengthens Duke's balance sheet, enabling deployment into its pipeline of new investment opportunities, company says. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Expects to achieve recurring cash revenue of GBP5.7 million for the fourth quarter ending on March 31, up 21% from GBP4.7 million a year before. In the third quarter ended December 31, recurring cash revenue amounts to GBP5.6 million, up from GBP3.9 million a year before. Read More
(Alliance News) - Duke Royalty Ltd on Tuesday announced a follow-on investment of GBP1.8 million into its existing royalty partner InTec Business Solutions Ltd to fund its latest acquisition. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Notes follow-on investment of GBP3.2 million into existing royalty partner Tristone Healthcare Ltd to fund its acquisition of residential and nursing care provider K Bond Healthcare Ltd, which trades as Next Steps. Tristone provides specialist residential and domiciliary care in two end-markets: high acuity adults with severe mental, physical or learning disabilities, and care leavers, aged between 16 and 19, who are transitioning out of social care and into independent living. Read More
(Alliance News) - Duke Royalty Ltd on Monday said it entered into a new GBP100 million credit facility agreement with Fairfax Financial Holdings Ltd for a five-year term. Read More
(Alliance News) - Duke Royalty Ltd on Thursday said that it expects higher third quarter revenue than last year, after continuing to deliver growth following on from a successful first half. Read More
Duke Royalty Ltd - Guernsey-based royalty finance provider - Enters into a GBP5.0 million royalty financing agreement with New Path Fire & Security Ltd. Says that the financing will be used to buy two complementary businesses under exclusivity and to refinance the existing senior debt in its business. Agrees to a total funding commitment of up to GBP20 million to support New Path's buy-and-build strategy to acquire profitable fire and securities services businesses. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Duke Royalty Ltd - Guernsey-based royalty finance provider - Says it has successfully raised GBP18.5 million in placing of 1.5 million shares at 35 pence each, as well as a further GBP1.5 million through PrimaryBid offer. Placing is conditional on shareholder approval at the extraordinary general meeting on May 26. Read More
Duke Royalty Ltd - Guernsey-based royalty finance provider - Plans to raise GBP15 million in accelerated bookbuild process in placing of 42.9 million shares at 35 pence each, as well as further GBP1.5 million through primary bid offer. Placing price is at discount of 9.7% to closing middle market price of 38.8p on Monday. Placing is conditional on shareholder approval at the extraordinary general meeting on May 26. Read More