Business
Mr Justin Cochrane Appointment and Issue of Shares
Mr Justin Cochrane Appointment and Issue of Shares.
About this update from Duke Capital Limited
[{"type":"text","content":"\n \nRNS Number : 6322D Duke Royalty Limited 28 October 2015 \n \n\n28 October 2015\nDuke Royalty Limited\n(\"Duke Royalty\" or the \"Company\")\n \nMr Justin Cochrane Appointment and Issue of Shares\n \nDuke Royalty is pleased to announce that Justin Cochrane, a current member of the Company's Healthcare Investment Committee, has agreed to join Abingdon Capital Corporation ('Abingdon') as Executive Vice President, Corporate Development on a full time basis. Abingdon is a financial advisory company, which provides support services to the Company in respect of global deal origination, vertical partner relationships and on-going investment management, including preparation of investment reports, performance data and compliance with the Company's investing policy. Through his position at Abingdon, Mr Cochrane will play a pivotal role in the roll-out and execution of the Duke Royalty business plan and will bring significant royalty based experience to the operational team.\nMr Cochrane has negotiated, structured and executed dozens of royalty transactions in multiple jurisdictions during his five years at Sandstorm Gold Limited where he was Executive Vice President of Corporate Development. From 2002 to 2010 Mr Cochrane worked for National Bank Financial Inc. where he gained significant transaction experience executing M&A and capital markets transactions including IPO's for the income trust and royalty sectors, among others. Mr Cochrane holds a Bachelor of Commerce (finance major) from the University of British Columbia and has received a CFA designation from the CFA Institute.\nIn his new role, Mr Cochrane will have an active involvement in the due diligence of prospective investment opportunities for Duke Royalty; assisting in the execution of royalty transactions approved by the Duke Royalty board and in the monitoring of royalty investments made by the Company.\nThe Duke Royalty Board has approved the issue of 250,000 new Duke Royalty ordinary shares of no par value each in the Company (\"Ordinary Shares\") to Mr Cochrane (the \"Share Issue\") as a signing bonus, further cementing his alignment with shareholders.\nApplication has been made for the 250,000 new Ordinary Shares to be admitted to trading on AIM with admission expected to take place on or around 3 November 2015 (\"Admission\").\nFollowing the Sha...