Duke Royalty is the leading provider of royalty finance to companies in the UK and Europe.
We are long term partners to businesses: our capital enables business owners to grow their businesses without compromising control or ownership and removes refinancing risk.
Our approach enables us to provide robust, predictable and long-term returns to our shareholders.
We invest across a diverse range of sectors, including:
Duke Royalty, which provides royalty finance to companies in the UK and Europe, told Yahoo Finance UK it has secured £16.1m ($19.52m) from new and existing institutional investors and is aiming to raise another £3.9m when it opens a retail offer later today.
Duke has just announced a fund-raising of up to £20m, of which £16.1m has already been placed in an institutional offering at 44p per share. This will allow it to invest another £45m in the next 12 months. We estimate a sustainable ROE of 14% for Duke and we see the current fair value range at 50–58p per share.
Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has reported a robust set of annual results and a new credit line that has prompted analysts to materially upgrade their forecasts.
