30th Oct 2019 17:25
(Alliance News) - Duke Royalty Ltd on Wednesday said that it has raised an additional GBP892,287 via share open offer, as it received valid applications in respect of 2.0 million open shares.
The royalty financing company, as a result, has raised GBP17.5 million in gross proceeds via a previously announced fundraising, following the issue and allotment of 39.7 million new ordinary shares, comprising 36.6 million placing shares, 2.0 million open offer shares and 1.0 million retail offer shares.
Shares in the company closed 0.7% higher at 44.00 pence each in London on Wednesday.
By Tapan Panchal; tapanpanchal@alliancenews.com
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