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:
Welltel, a Dublin-based telephony, network and connectivity solutions provider, has received an additional £2.3m (€2.5m) in backing from AIM-listed finance firm Duke Royalty.
The money will be used by Welltel to help bankroll the acquisition of Irish firm Globalnet Solutions, which trades as Novi.
There aren’t many people who are relishing the challenges presented by the global coronavirus pandemic; however, Neil Johnson, chief executive of Duke Royalty Ltd, has a point to prove.
Duke Royalty plans paper dividend – Duke Royalty has been reviewing the situation with its business in light of COVID-19. It says “Through its diversified portfolio, Duke naturally has exposure to a range of sectors, some of which are impacted to a greater extent by Covid than others, such as hospitality & leisure. In certain situations where Covid-19 has had the greatest impact, Duke has elected to either accrue, capitalise or equitise its monthly cash payments in the short term with the intention of alleviating the negative cashflow impacts for its royalty partners during this time of unprecedented financial stress.”
