3 December 2024
Duke Capital
Limited
("Duke
Capital", "Duke" or the "Company")
Result of
General Meeting and Issue of Equity
Duke Capital Limited (AIM: DUKE), a
leading provider of hybrid capital solutions for SME business
owners in Europe and North America, is pleased to
announce that the Resolution was
duly passed by Shareholders at the Company's
Extraordinary General Meeting held earlier today in connection with
the Fundraising to raise gross proceeds of £23.5
million.
Accordingly, an application has been made for 85,454,636 New Shares, comprising
56,836,367 Placing Shares, 4,727,362 Broker Option Shares,
5,709,089 Subscription Shares, and 18,181,818 Retail Offer Shares
to be admitted to trading on AIM ("Admission"),
which is expected to take place at 8.00 a.m.
on 4 December
2024.
Following Admission, the Company
will have 509,815,773 Ordinary Shares in issue carrying voting
rights admitted to trading on AIM. This figure may be used by
Shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules following
Admission.
Capitalised terms used in this
announcement have the meaning given to them in the Placing and
Retail Offer announcement dated 14 November 2024, unless otherwise
defined in this announcement.
***ENDS***
For further information, please
visit https://dukecapital.com/ or
contact:
|
Duke Capital Limited
|
Neil Johnson / Charles Cannon Brookes
/ Hugo Evans
|
+44 (0) 1481 231 816
|
|
Cavendish Capital Markets Limited
(Nominated Adviser and Joint Broker)
|
Stephen Keys / Callum Davidson /
Michael Johnson
|
+44 (0) 207 220 0500
|
|
|
|
|
|
Canaccord Genuity Limited
(Joint Broker)
|
Adam James / Harry Rees / Sam
Lucas
|
+44 (0) 207 523 8000
|
|
SEC Newgate (Financial
Communications)
|
Elisabeth Cowell / Alice
Cho
|
+ +44 (0) 20 3757 6882
dukecapital@secnewgate.co.uk
|
About Duke Capital
Duke is a leading provider of hybrid
capital solutions for SME business owners in Europe and North
America, combining the best features of both equity and
debt.
Since 2017, Duke has provided unique
long-term financing which eliminates re-financing risk and
necessity for a short-term exit by providing a unique 'corporate
mortgage' while also aligning its returns to grow with the success
of the business.
Duke is focused on generating
attractive risk-adjusted returns for shareholders and has a track
record of achieving this across market cycles. It's three
investment pillars are capital preservation, attractive dividend
yield, and to provide upside upon exits. Duke is listed on
the AIM market under the ticker DUKE and is headquartered in
Guernsey.