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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: 30.50
Bid: 30.00
Ask: 31.00
Change: 0.05 (0.17%)
Spread: 1.00 (3.333%)
Open: 30.25
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TRADING UPDATES: Caspian Sunrise signs charter contract, eyes further

Tue, 07th Mar 2023 17:11

(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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Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Says contract chartering the Caspian Explorer, its drilling vessel, has been signed. The vessel is capable of drilling to depths of 6,000 metres from shallow water and operates principally between May and November. Well is scheduled to be drilled in the summer of 2024 for Isatay Operating Company LLP, a Kazakh-registered explorer. Work is expected to take at least two months. The amount to be paid under the contract will depend on the number of drilling days. Company expects the contract to result in around USD15 million in net income over the lift of the contract. Adds that the contract provides for a second well to be drilled, broadly on the same terms as the first well. Says it is continuing talks with potential hirers for other charters of the Caspian Explorer.

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Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Enters into a USD8.8 million royalty financing agreement with Instor Solutions Inc. Instor is a product reseller and service provider related to the build-out and migration of data centres. Duke's financing will support a shareholder buyout, which will transition equity control of the business to the current executive management team. Terms of the agreement are: 30-year secured financing, monthly cash payments, with distribution starting immediately and to be adjusted annually based on Instor's year-on-year revenue performance.

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CVC Income & Growth Ltd - closed-ended investment company with exposure to European senior secured loans and other sub-investment grade corporate credit - Completes review of its annual dividend targets. Annual dividend targets increase to 7.5 pence per sterling share and 7 cents per euro share, with immediate effect. Consequently, the company's quarterly dividends will be increased to 1.875p per sterling share and 1.75 cents per euro share, including the company's first quarter 2023 dividends. Chair Richard Boleat says: "The board of directors has also resolved, in the event that the investment vehicle portfolio produces surplus cash income beyond that currently forecasted, that an upwards only adjustment will, if appropriate, be made to the company's fourth quarter 2023 dividends payable in the first quarter of 2024, in a manner similar to that recently announced in respect of the fourth quarter of 2022. There should be no expectation as to the level of any such adjustments, or indeed whether such adjustments will arise at all."

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Argo Blockchain PLC - London-based cryptocurrency miner - During the month of February, mines 162 Bitcoin or Bitcoin equivalents, or around 5.7 Bitcoin or Bitcoin equivalents per day. This represents an increase of 7% against the previous month. Says this was achieved despite a 10% increase in average network difficulty in February compared to January.

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By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
7 Mar 2024 13:09

Duke Capital exits investment in streetlight maker Fabrikat

(Sharecast News) - Duke Capital announced the successful exit of its investment in Meteor HoldCo on Thursday, which is the parent company of street lighting and guardrail manufacturer Fabrikat Nottingham.

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6 Mar 2024 21:27

IN BRIEF: Duke Capital sells investment in Swiss business, Fairmed

Duke Capital Ltd - Guernsey-based provider of royalty finance to companies in UK and Europe - Sells investment in Fairmed Healthcare AG, a Switzerland-based provider of high-quality generic prescription medicines, over-the-counter pharmaceuticals, dermocosmetics and dietary supplements in various EU countries. Receives EUR11.4 million cash providing Duke with additional liquidity for new deployments into its pipeline of long-established, profitable businesses. Notes payment of EUR6.0 million has been received with the balance of EUR5.4 million to be paid by March 31.

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6 Mar 2024 14:03

Duke Capital exits investment in Fairmed Healthcare

(Sharecast News) - Duke Capital announced the successful exit from its investment in Fairmed Healthcare, a Swiss-based supplier of generic prescription medicines and other pharmaceutical products in the EU, on Wednesday.

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4 Mar 2024 13:19

TRADING UPDATES: Mirriad Advertising and EnSilica win deals

(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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21 Feb 2024 17:00

IN BRIEF: Duke Capital name change confirmed, to take effect on AIM

Duke Capital Ltd - Guernsey-based provider of royalty finance to companies in UK and Europe - Says name to Duke Capital Ltd from Duke Royalty Ltd has been confirmed by the UK Registrar of Companies, and will take effect for shares trading on AIM from Thursday. On Tuesday, the name change was passed by shareholders at an extraordinary general meeting.

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20 Feb 2024 13:18

IN BRIEF: Duke Royalty confirms name change to Duke Capital

Duke Royalty Ltd - Guernsey-based provider of royalty finance to companies in UK and Europe - Confirms that name change to Duke Capital Ltd was passed by shareholders at extraoridnary general meeting, held Tuesday.

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13 Feb 2024 14:34

UK shareholder meetings calendar - next 7 days

Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
Tritax EuroBox PLCAGM
Thursday 15 February 
JPMorgan Asia Growth & Income PLCAGM
Synergia Energy LtdGM re share placing
VVV Resources LtdAGM
Friday 16 February 
Irish Residential Properties REIT PLCEGM re removal of 5 of 9 directors
Location Sciences Group PLCGM concerning reverse takeover agreement
Red Rock Resources PLCAGM
UK Oil & Gas PLCGM re proposed capital reorganisation
Monday 19 February 
Cloudbreak Discovery PLCGM
East Imperial PLCGM re capital reorganisation
Oxford Cannabinoid Technologies Holdings PLCGM re convertible loan note agreement with Cantheon
Residential Secure Income PLCAGM
Tuesday 20 February 
abrdn Equity Income Trust PLCAGM
Carr's Group PLCAGM
Dewhurst Group PLCAGM
Duke Royalty LtdEGM re changing name to Duke Capital
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Dec 2023 12:45

London close: Stocks mixed after short New Year session

(Sharecast News) - London markets had a mixed performance in a shortened pre-holiday trading session on Friday.

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29 Dec 2023 11:39

IN BRIEF: Duke Royalty expects higher quarterly recurring cash revenue

Duke Royalty Ltd - Guernsey-based provider of royalty finance to companies in UK and Europe - Expects recurring cash revenue of GBP6.3 million in its third quarter for the year ending March 31, which would be a 12% increase from GBP5.6 million a year before. It would also be a notch up from GBP6.2 million in its second quarter. "We are pleased to report that despite the ongoing macroeconomic uncertainties, we continue to deliver revenue growth, with [the third quarter of financial 2024] on course to maintain this upward trend, underpinning our stable dividend which at the current share price, represents an approximate 9% yield," says Chief Executive Officer Neil Johnson.

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29 Dec 2023 10:03

Duke Royalty posts strong quarter, makes follow-on investment

(Sharecast News) - Duke Royalty reported a strong set of third-quarter results on Friday, as well as a follow-on investment in its existing royalty partner, Creō-Tech Industrial Group.

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29 Dec 2023 07:59

London open: Gains modest but stocks rise to seven-month high

(Sharecast News) - UK stocks edged higher to a seven-month high on Friday morning, though gains were likely to be limited in a shortened trading session ahead of the New Year's break.

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29 Dec 2023 07:47

LONDON BRIEFING: FTSE 100 to edge higher, rounding off lacklustre year

(Alliance News) - Stocks in London are expected to edge higher on Friday, as investors reflect on an eventful year and look ahead to what's in store for 2024.

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29 Dec 2023 07:35

London pre-open: Small gains expected in shortened trading session

(Sharecast News) - London stocks were expected to rise slightly on Friday morning, though movements continue to be limited as volumes remain low in festive trading.

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23 Nov 2023 08:48

CORRECT: Duke Royalty half-year total income falls 34%; payout steady

(Correcting total income figures.)

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22 Nov 2023 14:15

EARNINGS AND TRADING: Victorian Plumbing profit up; Duke revenue dips

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

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