– GUERNSEY, St Peter Port – Duke Royalty Limited (AIM: DUKE) is pleased to announce the appointment of Justin Cochrane as Executive Director and Matthew Wrigley as Non-Executive Director with immediate effect.
Mr Cochrane, has been an active executive of the Duke team since 2015. In his role as Executive Vice President, Corporate Development at Abingdon Capital Corp (‘Abingdon’*), Mr Cochrane has had a significant involvement in the origination of prospective investment opportunities for Duke Royalty; been a member of the Company’s Investment Committee, coordinating the due diligence and execution of royalty transactions and monitoring of royalty investments made by the Company. Previously Mr Cochrane 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.
Mr Wrigley is a partner at asset management advisory firm, MJ Hudson. In his fifteen years in alternative assets, he has gained experience through a mix of legal and commercial roles, including serving as General Counsel for a fund management company listed on the Australian Securities Exchange with AUD 1.3 billion assets under management, Chief Operating Officer of an investment trust listed on the Singapore Securities Exchange with a market capitalisation of SGD 600 million, and with leading global law firm, Baker McKenzie. He also sits on several fund and general partner boards, with strategies spanning private equity, infrastructure and real estate.
Mr Wrigley is a Solicitor of the Supreme Court of Queensland Australia, holds a Bachelor of Laws (LL.B) from the University of Queensland and is a resident of Guernsey
The Company also announces the resignation of Jim Ryan from the Board of the Company with immediate effect.
In addition, the Company would like to welcome Jane Lee who has been employed on a full-time basis by Abingdon. Ms Lee is the third executive of our investment team, which includes Jim Webster, Chief Investment Officer and Justin Cochrane, EVP Corporate Development. Ms Lee has four years’ experience in royalties with Sandstorm Gold, as well as extensive due diligence and transactional experience with Deloitte and Technicolor. Her experience in due diligence, structuring and executing royalty contracts will be invaluable as the growth phase of Duke Royalty gathers pace.
CEO Neil Johnson commented: “I am delighted that Justin and Matt are joining the Board. They both have extensive and relevant experience that will be very useful to us as we continue to scale the business. With Jane’s addition, I believe the Company has one of the most experienced investment teams in the industry. In addition, I would like to take this opportunity to thank Jim for his wise counsel and significant contribution to the Company and wish him well in the future.”
About Duke Royalty
Headquartered in Guernsey, Duke Royalty Limited provides alternative financing solutions to a diversified range of businesses in Europe and abroad. Duke Royalty’s experienced team and exclusive partnership provide financing solutions to private companies that are in need of capital but whose owners wish to maintain equity control of their business. Duke Royalty’s royalty investments are intended to provide robust, stable, long term returns to its shareholders.
Duke Royalty is listed on the AIM market under the ticker DUKE.
For more information : http://www.dukeroyalty.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.