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Pin to quick picksDuke Capital Share News (DUKE)

Share Price Information for Duke Capital (DUKE)

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Share Price: 32.50
Bid: 32.00
Ask: 33.00
Change: 0.25 (0.78%)
Spread: 1.00 (3.125%)
Open: 32.25
High: 32.50
Low: 32.00
Prev. Close: 32.25
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Duke Royalty diversifies with Canadian health deal

Thu, 30th Aug 2018 14:49

(Sharecast News) - Alternative capital solutions provider Duke Royalty has entered into a £10m royalty financing agreement with InterHealth Canada Holding Corporation (ICHC), it announced on Thursday.The AIM-traded firm said ICHC is the wholly owned subsidiary of a 24-year-old Canadian-based organisation InterHealth Canada, which specialises in the development, commissioning and management of healthcare facilities in various countries around the world.It would be the largest partner that Duke had funded to date.The company's board said that, as its fifth royalty partner, the transaction broadened Duke's revenue base and increased its portfolio diversification, thereby reducing risk for investors.It added that it also further validated royalty finance as a preferable source of finance for "well established, profitable" businesses in Europe and abroad.The deal was the first deal to be completed in healthcare services, one of Duke's preferred and target sectors due to what it described as the "reliable and recurring" nature of revenuesIt said the initial cash-on-cash yield of more than 13% per annum via monthly payments would be immediately payable post closing of the investment.The deal consisted of 30-year secured financing, with distributions to be adjusted annually to reflect InterHealth Canada's consolidated revenue growth."I am delighted to announce this transaction with ICHC," said Duke chief executive officer Neil Johnson."With its exciting future growth plans and its long-term profitable operating history, ICHC represents an ideal long-term partner for Duke."Importantly, ICHC is the largest company with which Duke has transacted to date and, given that it represents our first investment in the healthcare services sector, we are pleased to have further diversified and de-risked the existing Duke portfolio."
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27 Jun 2023 15:45

UK earnings, trading statements calendar - next 7 days

Wednesday 28 June 
abrdn Private Equity Opportunities Trust PLCHalf Year Results
Harmony Energy Income Trust PLCHalf Year Results
SDCL Energy Efficiency Income Trust PLCFull Year Results
Schroder European Real Estate Investment Trust PLCHalf Year Results
Time Finance PLCTrading Statement
Thursday 29 June 
B&M European Value Retail SATrading Statement
Baltic Classifieds Group PLCFull Year Results
De La Rue PLCFull Year Results
Hunting PLCTrading Statement
James Latham PLCFull Year Results
Likewise Group PLCTrading Statement
Marlowe PLCFull Year Results
Moonpig Group PLCFull Year Results
R&Q Insurance Holdings LtdFull Year Results
Serco Group PLCTrading Statement
Friday 30 June 
Adnams PLCTrading Statement
Angus Energy PLCHalf Year Results
Glantus Holdings PLCFull Year Results
Ondo InsurTech PLCFull Year Results
PetroNeft Resources PLCFull Year Results
Record PLCTrading Statement
Monday 3 July 
Porvair PLCHalf Year Results
Wynnstay Group PLCHalf Year Results
Tuesday 4 July 
ActiveOps PLCFull Year Results
Augmentum Fintech PLCFull Year Results
Cairn Homes PLCTrading Statement
Duke Royalty LtdFull Year Results
Foresight Group Holdings LtdFull Year Results
J Sainsbury PLCTrading Statement
Kitwave Group PLCHalf Year Results
Mercia Asset Management PLCFull Year Results
Solid State PLCFull Year Results
  
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26 Jun 2023 14:22

IN BRIEF: Duke Royalty invests another GBP1.8 million into Tristone

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.

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26 Jun 2023 11:01

Duke Royalty puts another £1.8m into Tristone Healthcare

(Sharecast News) - Alternative capital provider Duke Royalty announced an additional investment of £1.8m into its existing partner Tristone Healthcare on Monday.

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1 Jun 2023 10:29

IN BRIEF: Duke Royalty shares up as quarterly cash revenue rises

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.

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25 May 2023 12:26

DIRECTOR DEALINGS: Unilever South Asia president sells more shares

(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:

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24 May 2023 19:15

IN BRIEF: Duke Royalty nets profit after successful investment exit

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.

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7 Mar 2023 17:11

TRADING UPDATES: Caspian Sunrise signs charter contract, eyes further

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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7 Mar 2023 16:37

Duke Royalty inks financing deal with its 20th partner

(Sharecast News) - Duke Royalty announced an $8.75m royalty financing agreement with Instor Solutions on Tuesday, to support a shareholder buyout intended to transition equity control to the current executive management team, led by the CEO.

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3 Mar 2023 11:54

IN BRIEF: Duke Royalty expects quarterly cash revenue to rise

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.

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21 Feb 2023 16:31

Duke Royalty invests further GBP1.8 million into royalty partner InTec

(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.

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21 Feb 2023 11:56

Duke Royalty puts another £1.75m into InTec

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of £1.75m into existing royalty partner InTec Business Solutions on Tuesday, to fund its latest acquisition.

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16 Jan 2023 12:50

TRADING UPDATES: t42 IoT Tracking Solutions and Zenova win contracts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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13 Dec 2022 13:41

Duke Royalty makes £3.2m follow-on investment in Tristone

(Sharecast News) - Alternative capital provider Duke Royalty announced a follow-on investment of £3.2m into its existing royalty partner Tristone Healthcare on Tuesday, to fund its latest acquisition.

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13 Dec 2022 13:00

IN BRIEF: Duke Royalty invests additional GBP3.2 million into Tristone

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.

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12 Dec 2022 14:31

Duke Royalty upgrades credit facility to GBP100 million until 2028

(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.

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