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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: 31.25
Bid: 31.00
Ask: 31.50
Change: -0.25 (-0.79%)
Spread: 0.50 (1.613%)
Open: 31.75
High: 31.50
Low: 30.90
Prev. Close: 31.75
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TRADING UPDATES: Sutton Harbour refutes Plymouth City Council claims

Wed, 03rd Apr 2024 15:15

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

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Sutton Harbour Group PLC - Plymouth, England-based waterfront regeneration company - Says it has responded to a letter from Plymouth City Council, rebutting their claim that Plymouth City Airport Ltd is in breach of certain terms of its leases. Plymouth City Airport is a wholly-owned subsidiary of Sutton Harbour. Further, the firm demands that the "wrongfully served" S146 notices are withdrawn. An S146 notice falls under the Law of Property Act 1925, and warns a tenant who is in breach of covenant of the landlord's intention to forfeit the lease. Sutton Harbour will provide an update on this matter once it gets a response from the council.

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Deltic Energy PLC - London-based natural resources investor focused on assets in the southern North Sea - Receives regulatory approval for farm-out of the Selene prospect to Dana Petroleum Ltd. The deal, which was announced in February, will see Deltic farm-out a 25% interest in licence P2437, which includes Selene. Carried out in combination with an existing Shell UK Ltd carry, the transaction will see Deltic retain a 25% non-operated interest in the licence. Chief Executive Graham Swindells says: "Well planning remains on schedule and we are looking forward to commencing Selene well operations with Shell and Dana in the summer. Our attention is now firmly focussed on drawing the Pensacola farm-out process to a successful conclusion."

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Beowulf Mining PLC - minerals and metals exploration company with operations in the Nordics - Raises a total of SEK56.3 million, around GBP4.3 million, from a capital raise. The purpose of the raise was to finance the continued development of the Kallak iron ore project, and the graphite anode materials plant. The rights issue had total subscription requests of SEK42 million, and subsequently, underwriting commitments of SEK8 million. Further, the primary bid offer raised gross proceeds of GBP290,000.

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Trakm8 Holdings PLC - Dorset, England-based global telematics and data insight provider - Confirms that operational cash generation for the year ended March 31 is expected to be GBP5.4 million, up from GBP4.3 million a year prior. Cash on hand came to GBP1.4 million, up from GBP1.1 million, while net debt narrowed to GBP4.9 million from GBP5.6 million. In the same announcement, says it has bought intellectual property from Action 365 Ltd under a software licence agreement, for a total consideration of GBP500,000, and has also agreed a supply contract extension for four years with Freedom Services Group Co. Further, says it has agreed an extension to an existing GBP5.3 million term loan with HSBC Holdings PLC to July 2025. Finally, announces a fundraise via the issue of GBP990,000 nominal of 18% convertible unsecured loan notes to fund the Action 365 deal.

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Duke Capital Ltd - Guernsey-based provider of royalty finance to companies in the UK and Europe - Announces follow-on investment of GBP3.9 million into existing capital partner, New Path Fire and Security Ltd. Says the investment will help New Path to complete two further acquisitions, in line with its acquisitive growth strategy. The financing increases Duke's total investment in New Path to GBP10.8 million.

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HydrogenOne Capital Growth PLC - fund investing in clean hydrogen - Notes that its portfolio company, Elcogen AS, has announced a strategic investment by Baker Hughes as part of an overall funding package totalling EUR140 million. These funds will be used to continue to scale up Elcogen's solid oxide cell technology for green hydrogen.

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CleanTech Lithium PLC - Chile-focused lithium exploration and development company - Intends to resubmit its applications for the special lithium operating contracts for Laguna Verde and Francisco Basin, in order to update them in line with the latest requirements. Assures investors that the resubmission process has no impact on the predicted project timeline, and that this decision reflects an announcement from the Chilean government, which outlined a new approach for private companies to "express interest" in non-strategic salars.

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By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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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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