REG - Tiger Resource PLC - Disposal of shares in Royal Dutch Shell

Tiger Royalties and InvestmentsAnnouncement

22/02/2019 16:15

RNS Number : 9195Q
Tiger Resource PLC
22 February 2019
 


 
 
For immediate release                                                                                            22 February 2019  
Tiger Resource plc

("Tiger " or The "Company")

Disposal of shares in Royal Dutch Shell Plc
Tiger Resource Plc is pleased to announce that the Company sold 2,700 Royal Dutch Shell Plc ("RDS") shares on 22 February 2019 realising net proceeds of £64,933.14  The disposal proceeds will be used as both as general working capital for the Company and to target new investments in the natural resource sector.
 
Tiger received dividend income totaling £3,956.58 from RDS in the year ended 31 December 2018.
 
The Company also announces that Novum Securities Limited will be the Company's sole broker with immediate effect.
 
For further information please contact:






Tiger Resource Finance Plc


Raju Samtani, Director                                              


+44 (0)20 7581 4477




Beaumont Cornish
(Nomad)


Roland Cornish
Felicity Geidt


+44 (0)20 7628 3369








Email:corpfin@bcornish.co.uk
 







Novum Securities Ltd                        Jon Belliss                                      +44 (0)20 7399 9425
(Broker)
 
Note:
 
RDS is an international energy company which aims to meet the world's growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible.  For the year ended 31 December 2017, RDS reported a net profit on ordinary activities before taxation of US$18,130M and had at that date net assets of US$197,812M.
 
                                                               
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DISEAKAAAFFNEFF