Duke Royalty raises £15m

Duke Royalty has raised £15m, gross, through a placing of 37,500,000 new shares at 40p apiece.

Duke Royalty said it would apply for its shares to be re-admitted to AIM and expected this to take place on or around 23 March.

At 8:42am: (LON:DUKE) Duke Royalty Limited share price was 0p at 47.5p