IN BRIEF: Duke Royalty Invests GBP2.3 Million In Partner Welltel

Thu, 18th Jun 2020 18:51

Duke Royalty Ltd - London-based royalty finance provider - Makes GBP2.3 million investment into existing royalty partner Welltel (Ireland) Ltd, a Dublin-headquartered telecoms, information technology and network specialist. Additional funds will enable Welltel to complete a further acquisition. Financing is expected to be accretive to Duke Royalty's earnings and in line with the company's standard terms.

Current stock price: 26.50 pence

Year-to-date change: down 48%

By Tapan Panchal; tapanpanchal@alliancenews.com

Related Shares

More News

3 May 2024 16:48

TRADING UPDATES: Fletcher King sees materially higher full-year sales

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

3 May 2024 11:16

Duke Capital invests another £4m in BPVA Ireland

(Sharecast News) - Duke Capital announced a follow-on investment of £4m into its existing capital partner, BPVA Ireland, on Friday.

5 Apr 2024 13:52

UK dividends calendar - next 7 days

3 Apr 2024 15:15

TRADING UPDATES: Sutton Harbour refutes Plymouth City Council claims

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

3 Apr 2024 14:57

Duke Capital makes follow-on investment in New Path

(Sharecast News) - Duke Capital announced a follow-on investment of £3.85m into its existing capital partner, New Path Fire and Security, on Wedn...