Result of General Meeting and Issue of Equity

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:

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.